HCMC – The Ministry of Construction has announced the country’s land area for social housing development projects now totals 8,390 hectares, an increase of 5,000 hectares since 2020.
As part of the national plan to construct a minimum of one million social houses for low-income earners and workers between 2021 and 2030, nearly 1,250 land locations across the country, covering a combined area of 8,390 hectares, have been earmarked for social housing development, announced the ministry.
Leading the charge in land allocation for social housing development is Dong Nai, dedicating 1,060 hectares. Following closely, HCMC and Long An have allocated 580 and 470 hectares, respectively. Haiphong and Hanoi are also significant contributors, designating 470 and 410 hectares, respectively, for housing projects for workers and low-income earners.
According to reports from various localities, there are currently 499 social housing projects underway nationwide, set to provide around 411,250 apartment units. Among these, 71 projects have been completed, offering 37,868 units for occupancy.
The country has started construction on 127 projects, with over 300 projects securing approval for investment policy.
Of notable mention are the localities making substantial strides in social housing development, including Bac Ninh with 15 projects, Thanh Hoa with nine projects, Dong Nai with eight projects, Hai Phong with seven projects, and Bac Giang with five projects.
