Hanoi, Seoul to develop the Red River new urban area
This plan would play a key role in developing 40km of both banks of the Red River towards a modern, civilised capital for the 100 million people living in the country.
The plan’s estimated cost of US$7 billion will be spent on four development areas, including more than 2,000ha of land for an urban zone, a commerce and trading area, public land and a land fund for international festivals and sports events.
The plan includes flood-control measures based on South Korea’s construction model around the Han River.
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