Van Phu - Invest and its passion for building social housing projects for workers

Solving the housing problem for workers and low-income people

Vietnam has nearly 18 million workers, but with the current salary (average 6-9 million VND/person/month) and the general volatile context, only 20% of them have stable housing. According to information from the Ministry of Construction , in order to meet the housing needs of workers and low-income groups, by 2030, the whole country needs to strive to complete 1.4 million social housing units.

The number of social housing projects being implemented in Bac Ninh province has not yet met the large housing needs of ordinary workers in the area.

The Government has mobilized the entire political system and issued many important policies to remove difficulties in developing this housing segment. The supporting policy system creates a relatively complete legal corridor, ensuring support and promoting businesses to join together and complete social housing projects for localities.

In Bac Ninh province alone - a large industrial capital in the North with a high urbanization rate, concentrated in many industrial parks, the number of workers reached 294,000 people (data from June 2023). Up to now, 28/51 social housing projects have been completed or partially completed, meeting 15,000 apartments. However, this number is still very small compared to the housing demand that continues to increase rapidly in the locality.

Van Phu - Invest and the passion for building sustainable social housing

Possessing a team of experienced personnel in the field of architecture and construction, along with a sustainable development orientation towards the community, Van Phu - Invest was assigned by the People's Committee of Bac Ninh province to implement the social housing project in Dong Tien and Yen Trung communes, Yen Phong district, providing housing for workers working in industrial parks in the area.

Overall perspective of the project to build worker housing and commercial and service areas in the industrial park in Dong Tien and Yen Trung communes, Yen Phong district, Bac Ninh province.

Understanding the importance and humane meaning of replicating the social housing model, Van Phu - Invest has strived to complete the project with good quality, synchronous infrastructure and the most suitable selling price for workers and low-income laborers, to help them realize their dream of having a home to settle down.

The project has a scale of 7 apartment buildings including 03 social housing projects (CT1, CT2, CT3) 12-15 floors high, a total of 2,068 apartments, an estimated population of 3,500 people. In the project, the investor also plans to build a modern and synchronous social infrastructure and technical infrastructure system to meet the needs of workers working in the industrial park.

Perspective of the workers' housing area in Yen Phong - Bac Ninh by investor Grand Home - a member company of Van Phu - Invest.

In the context of a sluggish and volatile economy, the choice to develop social housing alongside commercial and resort real estate projects,... further demonstrates Van Phu - Invest's dedication and remarkable efforts in fulfilling its social responsibilities, accompanying the Government in solving the "housing problem" for workers, helping them feel secure to continue working with local businesses. Through this type, Van Phu - Invest contributes to promoting social security and the regional economy, in line with the company's mission of "Dedicated to creating living values".

The project is being urgently deployed and completed by the investor every day.

“We hope to develop more housing projects for low-income workers, change old concepts about social housing, and bring a modern, civilized, and happy living environment,” the company representative emphasized.

On the map of Vietnam real estate, Van Phu - Invest has made its mark as an experienced brand in the market with dozens of quality projects, spread across many segments. Van Phu - Invest's mark is concentrated in key markets such as Hanoi, Thanh Hoa, Bac Giang, Can Tho, ...

Not only meeting the construction quality standards as prescribed, the project also applies the strict criteria of an investor with 20 years of experience in the market. It is known that when implementing this type of housing, the investor designed and built with all the dedication, careful calculation, standardization from the design and construction process to the selection of materials, equipment, ... combined with modern technology to ensure the sustainability and safety of the project. The project brings the perfect housing solution for residents, raises the new living standards for workers and contributes to the development of urban infrastructure in Bac Ninh.

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