Can Tho will start construction of 324 social housing units in the fourth quarter of 2025

Photo caption — Vice Chairman of Can Tho City People's Committee Nguyen Van Hoa spoke at the meeting.

The city plans to complete 1,073 units this year and will start construction on the remaining 324 units in the fourth quarter for handover in the second quarter of 2026, ensuring 100% completion of the plan.

Reporting at the meeting, Mr. Nguyen Hieu Nghia, Deputy Head of the Department of Housing and Real Estate Market Management (Department of Construction) said that after the administrative boundary merger, the social housing development target of Can Tho city (new) by 2030 is 16,900 units. In the 2021-2024 period, the whole city has completed 2,252 units. In 2025 alone, with the assigned target of 1,397 units, the city is implementing 7 projects. By the end of October 5, these projects are expected to complete 1,073 units, reaching about 77% of the plan.

The remaining 324 apartments, the city will urge investors to start construction in the fourth quarter of 2025 and strive to complete and put into use in the second quarter of 2026. Even if handed over after 2025, these apartments will still be counted in the results of the year's target implementation.

However, the implementation process still has some difficulties and problems. Typically, the Hong Loan 5C Social Housing Apartment Project (1,036 units) of Hong Loan Real Estate Trading Construction Joint Stock Company has not yet been allocated land in the area where 420 social housing units will be invested. The Dai Thanh Ward Social Housing Project invested by Lan Hung Real Estate Group Joint Stock Company has not yet been allocated land for housing, but has only been allocated land for technical infrastructure.

At the meeting, Mr. Tong Van Thuy, Deputy Director of Aranya Vietnam Joint Stock Company, the investor of the housing project in the Trade Union Institutional Area in Soc Trang Ward with 1,200 units, also raised many problems. Specifically, the project needs a 400 kVA power source for construction but currently only has a 100 kVA source and needs the city's support for connection. In addition, there is a difference between the area approved in the investment policy (3.5 ha) and the actual land allocation area (2.86 ha), causing difficulties in determining the cost of compensation for site clearance. The investor also proposed to combine the two buildings in the design to ensure efficiency and compliance with standards, and at the same time recommended that the city support access to preferential loans and connect with businesses to promote the project...

Clarifying some issues related to the Housing Project at the Trade Union Institutional Area in An Nghiep Industrial Park, invested by Aranya Vietnam Joint Stock Company, Mr. Huynh Van Sau, Deputy Director of the Department of Construction, said that the investor for this project was selected through bidding. Therefore, in principle, the investor must comply with the approved design documents, including the monolithic architecture of the buildings. Regarding the problems related to the investment policy decision, Mr. Sau said that the focal point for handling is the Department of Finance and requested the investor to send documents directly to the Department of Finance for consideration and resolution.

Speaking at the meeting, Vice Chairman of the City People's Committee Nguyen Van Hoa emphasized that developing social housing is a key political task, demonstrating the Government's concern for workers and low-income people. He said that the Government has issued breakthrough decrees and resolutions to remove procedural barriers, shorten the time to call for investment to no more than 30 days and allow investors to submit their applications first without bidding if they are qualified, in order to "speed up" the implementation of the 1 million social housing project.

The Vice Chairman of the City People's Committee requested the Department of Construction to act as the lead agency, the focal point to receive all difficulties and problems of investors, proactively invite relevant departments and branches to meet, find solutions and advise the City People's Committee to resolve promptly, avoiding the situation of requiring businesses to send documents to many places, wasting time.

For each specific project, Mr. Nguyen Van Hoa has given direct instructions. Regarding the problem of Hong Loan Company, he requested the Department of Agriculture and Environment to urgently advise the City People's Committee on the procedure for converting the purpose of using rice land. Regarding the proposal of Nam Long Company related to the floor area of commercial housing, the Department of Construction was assigned to preside, together with relevant departments and branches, to review the regulations and new decrees to propose solutions.

The Vice Chairman of the City People's Committee also provided more information about the targets for 2026. In addition to the plan of 1,897 units according to the old resolution, Can Tho was assigned an additional 1,000 units according to the new decree, bringing the total target for 2026 to 2,897 units. Combined with the 324 units from 2025 carried over, the task for 2026 is extremely heavy, requiring preparation and planning review right now.

Regarding capital, Mr. Nguyen Van Hoa said that the preferential credit package of 120,000 billion VND is still very large, only a small part has been disbursed. He asked the Department of Construction to coordinate with the State Bank of Vietnam, Can Tho branch, to guide investors and people in need to access this capital source in the most convenient way, especially when the new regulations have expanded the beneficiaries of social housing policies, including both rental and hire-purchase forms.

Source: https://baotintuc.vn/kinh-te/can-tho-se-khoi-cong-324-can-nha-o-xa-hoi-trong-quy-iv2025-20251013194115012.htm