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Residential area per capita to reach 27sq.m by 2025

Vietnam’s residential area per capita is expected to reach about 27sq.m by 2025 and to surge to 30sq.m by 2030, according to the draft national housing development strategy.
Residential area per capita to reach 27sq.m by 2025 ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam’s residential area per capita is expectedto reach about 27sq.m by 2025 and to surge to 30sq.m by 2030, according to thedraft national housing development strategy.

The National Housing Development Strategy for the 2021-2030 period sets the goalof developing and repairing more than one billion sq.m of houses, equivalent toabout 11.9 million apartments.

The housing development strategy is to create conditions for everyone to have aplace to live and focus on improving the quality of housing, as well asimplementing the trend of green and smart housing development.

In addition, the housing development must include urban development, urbanembellishment and re-construction of old apartment buildings. The housingdevelopment in the post-COVID-19 period will be implemented according totargets on sustainable real estate market development.

At the same time, the strategy will have policies focusing on housing forworkers and low-income residents in urban areas, said Deputy Minister ofConstruction Nguyen Van Sinh.

The Ministry of Construction is collecting comments on the draft strategy. Theministry is expected to submit the draft to the Prime Minister forconsideration in the fourth quarter of 2021.

The draft of the national housing strategy aims to establish the orientation ofnational housing development activities and local housing developmentprogrammes, he said.

The strategy also aims to increase rental housing products and promote thedevelopment of commercial housing with medium areas and reasonable prices,meeting the needs of people. The renovation and reconstruction of old apartmentbuildings in urban areas will also be promoted.

The strategy focuses on renewing specific policies for each kind of housing andthe target group of social housing policies including workers and low-incomepeople in urban areas, and officers and soldiers of the people's armed forces.

Regulations on housing management and development are also amended according tohousing development master plans, strategies and programmes.

Deputy Minister Sinh affirmed that building the national housingdevelopment strategy is one of the important tasks of the construction sectorin implementing the 10-year socio-economic development strategy for 2021-2030,especially targets on social housing and policies on ensuring housing security./.
VNA

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