PM chairs conference on social housing development
Prime Minister Pham Minh Chinh chaired a conference on August 1 to discuss measures to expand social housing facilities for workers and low-income earners.
Hanoi (VNA) – Prime Minister Pham Minh Chinhchaired a conference on August 1 to discuss measures to expand social housing facilitiesfor workers and low-income earners.
He underlined that the Party andState have designed various housing policies at a hope to give better care for workersand low-income earners.
Currently, 7.8 million sq.m of social houses have been underconstruction, he noted, but pointing that the figure has yet to meet the goaland it has satisfied only part of people’s demands. The requirement for more housesfor workers and low-income earners is urgent, he stressed.
The Government leader expressed his hope that through the conference,leaders of ministries, sectors, localities and construction businesses will clarifyshortcomings and difficulties during the social housing development, finding the reasons and giving solutions.
According to Minister of Construction Nguyen Thanh Nghi, todate, 301 social housing projects in urban areas have been completed with about 155,800 apartments. Meanwhile, 401 other projects with about454,360 apartments that have total area of about 22.71 million sq.m areunderway.
Nghi said that social housing development is facing various difficulties in legal regulations, including the investment,selling-purchase procedures, price determination as well asincentives for investors.
The official underscored that the development of houses forworkers is one of the important parts of socio-economic development, meetingworkers’ demands for affordable houses.
The ministry aims to complete all projects that have beenlaunched and those with investment procedures being finalised by 2025, andcontinue to conduct new ones, he said, highlighting the goal to finish theconstruction of 1 million social apartments for workers in industrial parks./.
State-owned Viglacera Corporation on February 8 broke ground on a 250-ha industrial park and a 2,000-unit housing project for factory workers and experts in the northern province of Bac Ninh.
Two 12-storey dormitories for factory workers are under development in Thu Duc City, Ho Chi Minh City, capable of accommodating more than 1,000 people.
Social housing projects that developers were hesitant to invest in due to capped profit suddenly gained traction as giant developers recently announced plans to step into the segment.
Ho Chi Minh City expects to build about 35,000 social housing units with 2.5 million square metres of floor space in 2021-2025, and nearly 58,000 units with a floor space of 4.08 million square metres by 2030.
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An overview of the conference (Photo: VNA) 
