A Smart City Is Being Built From Scratch In HanoiLiving
Vietnam is building a smart city in Hanoi, with an investment capital of more than $4.2 billion, considered to be the largest project in the country.
Hanoi’s smart city will be built in five phases and is estimated to be ready for operations by 2028. The first phase will include building 7,000 apartments where roughly 20,000 to 25,000 people are estimated able to reside. The second phase will focus on building offices and commercial facilities, while work in a later phase will be on building an airport and a rail station
The project will incorporate 5G, face recognition and blockchain technologies for smart energy management, transportation systems, security management, classroom systems, economics and smart life, the Phnom Penh Post reported.
The smart city will also be equipped with a multifunctional system to monitor air quality, water, weather, disaster risk as well as security, ensuring maximum safety for residents.
The project is a collaboration between Vietnamese developer BRG Group and Japan's Sumitomo Corp, a trading company.
According to the investors, one of the project's landmarks will be a 108-story financial tower that “will become a financial hub for not only Vietnam but the whole of Southeast Asia.”