Hang Day Stadium in Hanoi's Dong Da district will be rebuilt under a deal signed by Vietnam's T&T Group, which manages the stadium, and French firm Bouygues Construction on March 27. The project will start at the end of the year with the estimated cost of $307 million, with T&T as the main investor.
On the recent trip to France of General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, T&T Group signed a memorandum of understanding with Bouygues Construction to construct two big projects in Vietnam.
The first is the metro line connecting Hanoi city centre with Son Tay town with the estimated length of 31.1 kilometres and the estimated cost of $1.7 billion. The other project is the drastic transformation of Hang Day Stadium in the centre of Hanoi, which will cost $307 million.
Do Quang Hien, chairman of T&T Group, told local press that Hang Day Stadium is severely deteriorated and a transformation is exactly what is required. This stadium can be redeveloped into a more contemporary, world-class stadium with great architecture, especially with the cooperation of Bouygues.
“It will go far beyond a simple football field, with so many other functional areas," he said, adding that the stadium would contain four basements, the second level being the football field with a rooftop grandstand that can contain over 20,000 people.
"Additionally, the upper levels surrounding the rooftop grandstand are designed to become offices and a shopping centre, forming a very modern stadium. The stadium will also be extended towards Cat Linh street,” said Hien.
Hang Day stadium is a multi-purpose stadium in the centre of Hanoi. The stadium was first established for Hanoi's École d'Education Physique (Hanoi's School of Physical Education) in 1934. It was later expanded in 1958. In 2017, it was put under the management of T&T Group, a multi-business corporation involved in finance, real estate, and agriculture. The group owns Hanoi FC, the 2016 winner of the V-League.