Three Factories on Nguyen Trai Street to be Transformed into Urban Areas
In the upcoming years, three major factories located on Nguyen Trai Street in Hanoi will be relocated, paving the way for the development of new urban areas. As part of the administrative restructuring plan for the period of 2023-2025, the Hanoi City People’s Committee has identified 67 wards and communes that require arrangement. However, certain areas with special characteristics will not be merged during this phase, such as Phuc Xa, Dien Bien, Quan Thanh, Lieu Giai, Doi Can, Ngoc Ha in Ba Dinh District, and Hang Bot, Lang Ha, Nam Dong, and Quang Trung in Dong Da District, as well as places with historical and cultural significance.
Caption: The factories located near the bustling So Intersection and the ring road, which is crossed by the Cat Linh – Ha Dong railway line.
In particular, Thanh Xuan District currently houses several factories and schools that are scheduled for relocation. For instance, large factories like Sao Vang Rubber, Thang Long Cigarette, and Hanoi Soap in Thanh Xuan’s Upper Dinh Ward will be relocated. Once these factories are moved, the land they occupy will be transformed into urban areas with an expected population of 46,000 people, representing 306.7% of the standard population density.
Caption: In 2023, the Hanoi City People’s Committee released a list of houses and lands that need to be relocated according to the city’s urban planning. Among them are nine properties managed by businesses that do not comply with the planning, including the Thang Long Cigarette factory.
Similarly, the relocation plan in Thanh Xuan Trung Ward, Thanh Xuan District includes the Rang Dong Light Bulb and Upper Dinh Shoe factories. After the relocation, these areas will be developed into urban areas with an estimated population of 48,000 people, equivalent to 320% of the standard population density.
Caption: The Thang Long Cigarette Company, located at 235 Nguyen Trai, Thanh Xuan District, covers an area of over 64,000 square meters and consists of warehouses and production facilities. According to the approved decision, the company will carry out the relocation and change of land use to the Quoc Oai – Thach That Industrial Zone in Hanoi.
Caption: The Thanh Xuan Upper Dinh Shoe Company, located at 277 Nguyen Trai, covers an area of 36,105 square meters and is situated next to the Belt Road 3.
Caption: In recent years, the business performance of the Thanh Xuan Upper Dinh Shoe Company has been ineffective due to increasing costs and declining production.
Caption: The Cao su Sao Vang Joint Stock Company, located at 231 Nguyen Trai, specializes in producing various types of rubber products for airplanes, automobiles, special vehicles, motorcycles, bicycles, and technical rubber products. According to the plan, the company’s factory will be relocated to the Chau Son Industrial Zone in Phu Ly City, Ha Nam Province.
This plan to transform these factories into urban areas is an important step for the development of Hanoi. It will not only promote economic growth but also provide better living conditions for residents. Stay updated with Business Today for more information on this topic.