Gamuda land and the development story of the most "strange project" in Vietnam

Gamuda Berhad Malaysia Group has many years of development experience in the field of international real estate, when entering Vietnam, was determined to turn the "dead land" of Hanoi into a "green lung", a place to live. closeness to nature is desirable for people.

Those who were born and raised in Hanoi must be no stranger to Yen So "navel" because this is a low-lying lagoon with the flowing water of the Set and Kim Nguu rivers - where people live all year round with the water. Black, deserted land. Every year, the cultivation on the fields here only stops at 1-2 precarious crops due to weather factors and heavy pollution from wastewater. Remember in 2008 when Hanoi faced a historic flood, Yen So pump station was submerged in the sea and could not function, causing many areas in the inner city to suffer from long-term flooding… Perhaps impressive The only image of Yen So at that time was a "dead land" where life had little chance of being revived.

However, after only a few years back in Yen So, everyone had to exclaim when the "navel area" has now turned into the largest green park in the capital. The rivers and swamps were previously renovated and built into regulating lakes to serve the water regulation needs of Hoang Mai district and the whole city. When the rainy season comes, this place will be the area to store a large amount of water from residential areas and then lead to the Red River and to the sea. In the dry season, these lakes will have the effect of air conditioning for the whole area, creating new vitality for the vegetation and trees in the area.

Yen So Park with an investment of 2 billion USD is considered as a big project, having a direct impact on the process of urban planning and strategic expansion plan of Hanoi. This place not only meets the entertainment, entertainment and relaxation needs of the people, but also invests in the construction of schools, exhibition areas, cultural conservation areas, commercial centers, houses... in total. area of ​​327 hectares surrounding Yen So lake. The park and lake area alone is 280 hectares. Along with the process of renovating this low-lying area, Yen So water plant was also invested and built with the goal of treating ½ of the capital's wastewater. Started operation on August 30, 2013, this project is meeting the requirements of wastewater treatment of Kim Nguu and Set river basins, improving environmental sanitation and quality of life for people. area.

All changes in Yen So are derived from a BT project signed between the City People's Committee. Hanoi and a reputable real estate enterprise of Malaysia. Gamuda Berhad Malaysia Group has many years of development experience in the field of international real estate, when entering Vietnam, was determined to turn the "dead land" of Hanoi into a "green lung", a place to live. closeness to nature is desirable for people.

To embark on the renovation of Yen So, Gamuda Land Vietnam - a member of Gamuda Berhad Malaysia Group was established in 2007 to directly implement and manage projects in Yen So area including Yen So park. Department, Yen So wastewater treatment plant and Gamuda City urban area. With a total investment of 5 billion USD, Gamuda City was built with the goal of becoming an international urban area spread over a 500-hectare campus, including 5 main subdivisions: Yen So Park, 2 Residential Areas Gamuda Lakes and Gamuda Gardens, 2 Gamuda Central and Gamuda Plaza.

Currently, in Hanoi, there is no urban area that owns a large system of regulating lakes, a modern wastewater treatment system and creates a natural-friendly living space like Gamuda City. Along with the process of renovating Yen So area, forming a green park and a wastewater treatment plant, the Gamuda City urban area project is also gradually taking shape with functional subdivisions, works of international standards. Gamuda City has opened up a real green living space, the nickname "navel" of pollution has gradually receded into the past.

When asked about why he chose a "difficult problem" as soon as he entered a new market, Mr. Dennis Ng Teck Yow - Deputy General Director of Gamuda Land Vietnam gave an interesting explanation. According to him, it is Hanoi's rapid urbanization and population growth that has created an opportunity for Gamuda Land to form Gamuda City in an area that no investor has dared to "recklessly" explore. . This also shows the desire to stick with the Vietnamese market for a long time to form and develop high-quality projects of Gamuda Berhad Malaysia Group.

The core value that makes Gamuda Berhad successful in Malaysia and around the world is nature conservation, so it is not surprising that this investor sees the potential for real estate development in Yen So area. . The fact also shows that the experience accumulated during the formation of previous projects has brought success to Gamuda Land Vietnam in Gamuda City. In the context of rapid urbanization in Vietnam, the pressure of life, the noise in the city and the problem of environmental pollution... are posing challenging problems for developing businesses. House. The successful "greening" of a polluted land and forming a living environment of international standards like Gamuda City has indeed quenched the "thirst" of green living for many urban dwellers. There will be nothing more interesting than living in a natural green space, breathing fresh air and using a modern system of utilities and services.

Currently, 80% of villas and townhouses in Gamuda Gardens have welcomed residents to settle down. The remaining 20% ​​is in the final stages of completing the items before handing over to customers. According to the plan in 2019, Gamuda Land will focus on implementing the remaining subdivisions of the urban area, and at the same time promote entertainment and entertainment programs, serving the social community. With the persistence of forming and developing a closed urban area, creating a unique green life, Gamuda Land is showing a long-term vision for the Vietnamese real estate market.

According to Tri thuc tre