T&T's $4.5 billion sports and entertainment complex is expected to operate in 2028

On the afternoon of March 4, T&T Group and its partner JTA (Qatar) had a working session with the Hanoi People's Committee to report on the project of a multi-purpose sports complex and amusement park in Dong Anh, Hanoi.
Accordingly, the Multi-purpose Sports Complex and Amusement Park project is located in Dong Anh district (Hanoi), about 10km from the center of Hanoi and about 6km from Noi Bai airport. The project has a total area of about 330 hectares, with a total investment of about 4.5 billion USD, with two main components: a sports complex of about 120 hectares and a specialized amusement park of 143 hectares.
In particular, the Olympic standard sports complex with a total estimated investment of about 1.3 billion USD, including international standard sports facilities with the highlight being the stadium with a capacity of 60,000 people, invested in modern and classy construction. The theme park and entertainment complex has a total investment of about 3.2 billion USD, including theme parks and entertainment areas following famous models in the world. The project will become the largest entertainment park in Vietnam and the leading entertainment destination for people in the country and the region.
Speaking at the City People's Committee's report, Mr. Amir Ali Salemi, CEO of JTA Group, said that since 2022, JTA has been promoting investment in Vietnam through cooperation with T&T Group. JTA hopes to connect investors around the world - especially from the Middle East - to Vietnam.
“JTA Group cooperates with T&T Group to invest in the Multi-purpose Sports Complex and Amusement Park project in Dong Anh, Hanoi with the desire to build and develop an iconic project of the capital and the whole country in the fields of infrastructure, health care, sports and social security associated with entertainment and tourism”, Mr. Amir Ali Salemi emphasized.
Sharing about the project, Mr. Do Vinh Quang, Vice Chairman of the Board of Directors of T&T Group, said that the multi-purpose sports complex built according to international standards, with Olympic-standard items, will become an ideal venue to organize major regional and international tournaments, contributing to enhancing Hanoi's position on the world sports map; at the same time, it is a foundation for training and developing young sports talents, contributing resources to national teams.

According to Mr. Do Vinh Quang, the project not only improves the quality of sports infrastructure but also makes the most of the area's traffic advantages. Currently, Hanoi is preparing to start construction of Tu Lien Bridge, one of the key projects connecting the center of the capital with Dong Anh, creating development momentum for the area north of the Red River. When completed, this sports and entertainment complex will become an important highlight in Hanoi's satellite urban network, connecting with other major projects in Dong Anh such as smart cities, new urban areas and large commercial centers...
Along with the infrastructure and planning benefits, the project also brings clear economic value. The complex is expected to create tens of thousands of jobs in the fields of sports operations, tourism services, trade and entertainment. The amusement park system is expected to attract a large number of domestic and foreign tourists, contributing to promoting the tourism industry and increasing revenue for the retail, hotel and restaurant industries in the area.
“The cooperation project between T&T Group and JTA is not only a sports facility but also a symbol of integration and sustainable development. With more than 30 years of experience in the field of sports investment and development, we are confident that together with our partner JTA, we will create a project worthy of the region, contributing great values to the socio-economic development of the capital, helping to bring the image of Vietnam further on the world map”, Mr. Do Vinh Quang affirmed.
Representatives of the two groups also expressed their hope that during the project implementation process, they will receive attention, support and direction from all levels, especially the Hanoi city government, so that the project can be successfully implemented and can be put into operation in 2028.
Speaking at the meeting, Chairman of the Hanoi People's Committee Tran Sy Thanh welcomed the cooperation between JTA Group (Qatar) and T&T Group to invest in developing the multi-purpose sports complex and entertainment park project. Chairman of the Hanoi People's Committee Tran Sy Thanh said that this complex model is also the idea and desire of Hanoi in the roadmap to build a modern - cultured - civilized capital; the Hanoi government is ready to support this group of projects.
The Chairman of the City People's Committee also made some suggestions on the project implementation process, and affirmed that T&T Group is a strong and prestigious corporation in Vietnam, and JTA can completely rest assured to cooperate under the joint venture model.

Previously, on October 31, 2024, within the framework of Prime Minister Pham Minh Chinh's official visit to Qatar, leaders of T&T Group and leaders of Tap JTA had a meeting with Vietnamese Prime Minister Pham Minh Chinh to report on the project investment research plan.
At the meeting, the Prime Minister welcomed the project investment plan, in the context that Hanoi has a population of about 10 million but does not have a worthy, iconic sports complex. The Prime Minister hopes that the construction of this complex will contribute to meeting the needs of the people of the capital, but the operation needs to be effective with accompanying services to maintain long-term operations.
In the presence of Prime Minister Pham Minh Chinh, T&T Group and JTA Group signed a memorandum of understanding on cooperation in research and investment in the development of a multi-purpose sports complex meeting international standards, a theme park, and an entertainment park.