The government requires the construction of 130,000 social housing units for low-income people and industrial park workers in 2024.
The Resolution on tasks and solutions to implement the socio -economic development plan and state budget estimates for 2024 has just been issued by the Government, requiring agencies and localities to implement a project to build at least one million social housing units for low-income people and industrial park workers by 2030.
The Government assigned units to find solutions to remove obstacles and promote the safe, healthy and sustainable development of the real estate market; to study and develop mechanisms to encourage and attract foreign investment in the real estate market. The goal is to limit the imbalance between real estate supply and demand.
"It is necessary to focus on encouraging the development of real estate products to meet the great needs of society such as social housing and affordable commercial housing," the resolution stated.
Social housing, Diplomatic Quarter, west of Hanoi, November 2023. Photo: Ngoc Thanh
According to data from the Ministry of Construction, in the period 2010-2020, the whole country completed 312 social housing projects in urban areas, with a scale of 158,000 units, and a total area of over 8 million square meters. 418 projects are continuing to be implemented with a scale of 432,400 units.
From 2021 to June 2023, 46 projects nationwide, with a scale of more than 20,200 units, have been completed. 110 projects with a scale of more than 100,200 units have been licensed and are under construction. 309 projects with more than 292,400 units have been approved for investment.
In March 2023, the Prime Minister approved a project to build at least one million social houses by 2030, of which 428,000 will be completed by 2025, with a total estimated capital of VND849,000 billion, mainly from socialized capital. The project is expected to help make housing prices affordable for low- and middle-income households in urban areas and industrial park workers.
Source link
Comment (0)