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Quang Ngai dismantles 450 billion VND social housing project

Báo Đầu tưBáo Đầu tư22/03/2025

The HUD - Phu My Social Housing Project with a total investment capital of about 450 billion VND still faces some difficulties. The Chairman of the Quang Ngai Provincial People's Committee directed the units to resolve them, and at the same time committed to accompanying the investor.


The HUD - Phu My Social Housing Project with a total investment capital of about 450 billion VND still faces some difficulties. The Chairman of the Quang Ngai Provincial People's Committee directed the units to resolve them, and at the same time committed to accompanying the investor.

HUD - Phu My Social Housing Project is a high-rise residential land plot within the Phu My Urban Area project, Quang Ngai city. The project is invested by Housing and Urban Development Corporation (HUD).

The project will invest in building 2 new 9-storey towers, with about 384 apartments on a total area of 15,567 m2, total floor area of 36,700 m2, meeting the needs of about 1,000 people. The total investment capital is about 450 billion VND, the project implementation period is from 2025 to 2028.

Perspective image of HUD - Phu My Social Housing Project.

According to the investor representative, up to this point, out of the total of nearly 16,000 m2 of land (applied to build a social housing project), there are about 2,955 m2 of land clearance compensation that has not been completed.

For the remaining area (without problems), the investor is implementing essential technical infrastructure, expected to be completed in 2025.

Regarding implementation progress, HUD Corporation has hired a consulting organization to prepare a feasibility study report, basic design and completed documents, and is organizing technical review.

It is expected that in 2025, the investment project approval and construction drawing design will be completed; from 2026 - 2027, the investment implementation of phase 1 of the project with a scale of 192 apartments in block B will be completed; by 2028, phase 2 will be completed, with a scale of 192 apartments in block A.

Chairman of Quang Ngai Provincial People's Committee Nguyen Hoang Giang inspected the implementation of the HUD - Phu My Social Housing Project.

Chairman of Quang Ngai Provincial People's Committee Nguyen Hoang Giang requested investors to focus resources, urgently speed up construction progress, ensure construction quality and create favorable conditions for people to access social housing.

Mr. Nguyen Hoang Giang also affirmed that the Quang Ngai provincial government is committed to continuing to accompany and remove difficulties and obstacles for businesses and investors so that social housing projects can be implemented quickly and attract more social housing projects in the province.



Source: https://baodautu.vn/batdongsan/quang-ngai-thao-go-du-an-nha-o-xa-hoi-450-ty-dong-d257252.html

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