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Wednesday,  Sep 20,2017,14:43 (GMT+7)

HCMC targets many budget housing projects

Cao Ban
Thursday,  Aug 3,2017,22:05 (GMT+7)
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HCMC targets many budget housing projects

Cao Ban

A resettlement condo project is seen in this file photo. HCMC has plans to complete many social housing projects in the next few years - PHOTO: CAO BAN

HCMC – The HCMC government in the next few years will construct about 20,000 social apartment units in addition to dormitories able to accommodate 35,000 workers and 10,000 students, according to a plan on social housing development for the 2016-2020 period.

The city government will focus on 39 social housing projects with nearly 45,000 units, covering a combined area of 137.3 hectares. However, the city will manage to finish construction of 31 projects with more than 20,000 units on an area of 49.1 hectares.

At the same time, the city expects to finish nine dormitory projects with a total area of 23.35 hectares, with more than 5,700 rooms capable to accommodate 35,700 workers. As for student dormitories, the city will seek to complete two projects, providing accommodations for more than 6,700 students on an area of 74,000 square meters.

This year, the city will construct one 4,000-square meter project to accommodate 250 students. From 2018 to 2020, HCMC will call for investments in more dormitories for students.

To diversify types of social housing for low-income people, including those who want to rent or buy by installment plan, the city will construct apartments of various sizes with prices ranging from VND300 million to VND1 billion.

These projects will be constructed near industrial parks, export processing zones, universities and colleges in HCMC.

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