📋 Tender Overview
Recently, the Red River Landscape Avenue Project was officially started. The event not only marks the launch of an infrastructure - urban project of special significance, but also shows the long-term development vision of Hanoi Capital in restructuring the space along the Red River with the companionship of strategic investors, typically T&T Group. From the miracle of the Han River to the miracle of the Red River, the Red River Landscape Avenue is considered by experts to be a super project of strategic significance for Hanoi Capital in particular and the whole country in general. The project has a total preliminary investment of about 855,000 billion VND, implemented according to the public-private partnership (PPP) method, with a research scale of about 11,000 hectares, extending from Hong Ha bridge to Me So bridge, passing through 19 communes and wards of Hanoi. The consortium of investors includes: Dai Quang Minh - Van Phu - MIK Group - Thaco - T&T Group - Hoa Phat Group. Notably, the Red River Landscape Avenue is one of 234 Partys will, peoples hearts works and projects that were simultaneously started, inaugurated, and opened to traffic to celebrate the 14th National Congress of the Party. These are also the first bricks for future projects with a timeless vision as commented by Prime Minister Pham Minh Chinh. Perspective of the Red River Landscape Avenue project. The project is organized into 4 component projects, including a traffic boulevard system on both sides of the river, large-scale park and landscape clusters, an underground metro line on the right bank of the Red River and on-site resettlement urban areas. When completed, the project is expected to comprehensively reconstruct the urban space along the Red River, forming a symbolic green - cultural - economic space axis of the Capital, contributing to realizing long-term development orientations of Hanoi and the whole country. To fully imagine the stature and expectations set forth with the Red River landscape boulevard, we can look back at how the rivers once created a turning point in the development of other urban areas. Before becoming a symbol of Da Nang, the Han River used to be a quiet river, not really linked to the pace of urban development on both banks. Along the river at that time were shabby residential areas, fragmented houses or a few small yards and temporary livelihood activities. The riverside space lacks planning, lacks connection, and almost... stands outside the citys development movement. At this time, the Han River appears more as a natural boundary, rather than a spatial axis that can create momentum for the city. The turning point really only came in the late 1990s, when Da Nang decided to build the Han River Bridge - the first swing bridge in Vietnam. This is not an easy decision because of the high costs, complex techniques, and effectiveness that cannot be seen immediately. But it was the persistence with a long-term vision that ushered in the next series of incredible changes. After Han River Bridge, Thuan Phuoc, Tran Thi Ly, Dragon Bridge... appear one after another. Both river banks are decorated. Riverside roads have been expanded. Public space gradually formed. The value of riverside land has increased many times. Economic, cultural and festival activities associated with the river become the citys identity. More importantly, Da Nangs urban structure has changed radically. The river no longer divides but plays the role of connecting and leading development. The Han River miracle has created outstanding development momentum for Da Nang. On a larger scale, Koreas Han River also went through a difficult journey before becoming a symbol of Seoul today. In the first decades after the war, the riverside strip of land was mainly poor residential areas, lacking infrastructure, and at times even became a concentration of polluting activities. The river, at that time, did not have the appearance of an urban center, but just quietly lay on the sidelines of development. Only when Korea entered a period of strong industrialization did the vision of the river gradually change. Instead of avoiding, the government persistently invests in transport infrastructure, beautifies the space, and gradually connects logistics, industrial, financial and urban activities along the two banks. Through decades of investment accumulation, the Han River miracle has been established. A series of traffic axes, financial centers, and public spaces are shaped, turning the Han River into the economic and urban heart of Seoul. This is also a mirror reflecting Koreas journey to rise in the group of leading Asian economies. According to experts, the riverside miracle does not come from short-term decisions. They were created by foresight, by the steadfastness of the government and the companionship of large businesses - subjects willing to stick together for a long time, building projects with sustainable value for many generations. T&T Group and the ability to execute projects that shape the development space In infrastructure projects that shape the development space, the decisive factor lies not only in the total investment, but also in choosing the right businesses capable of going long distances. A strong joint ventureng is simply the addition of capital, but the resonance of experience, reputation and the ability to share responsibility with a long-term vision. T&T Groups presence in the consortium implementing the Red River Landscape Avenue, therefore, needs to be seen in that logic. In addition, recently, the Party and Government have clearly defined the role of the private economic sector in participating in infrastructure, energy and urban development, considering this as one of the important drivers of long-term growth. That spirit is only truly proven when businesses are willing to step into large, difficult projects that require persistent resources. Groundbreaking ceremony of the Red River Landscape Avenue Project.
