|Perspective of the Starlake urban residential area. The project will transform the western area of West Lake into a multi-purpose centre. — VNS Photo
HA NOI (VNS)— Deputy Prime Minister Hoang Trung Hai approved the municipal People's Committee of Ha Noi's proposal to revise the master plan for the Starlake – the biggest urban development project ever in Ha Noi.
The project, on which construction started last November after several years of delay due mainly to slow site clearance, would transform the western area of West Lake into a multi-purpose centre for culture, education, commerce and finance.
The Starlake area will stretch over more than 200 hectares and was chosen to accommodate a number of key ministries.
Hai asked the Committee to continue to work with relevant stakeholders to speed up the implementation of the project.
As much as US$2.5 billion will be invested in the project, all by South Korean investors. It is expected to be completed in 2019. — VNS