HCMC – The HCMC Department of Construction has plans to develop 20 low-cost housing projects with over 18,000 units for workers, with total capital of more than VND37 trillion, in the 2021-2025 period.
The municipal department will divide the city into three areas to build low-cost homes for laborers, according to a plan on housing development recently sent by the department to the HCMC government.
In the existing urban area, including districts 4, 5, 6, 8, 10, 11, Binh Thanh, Go Vap, Phu Nhuan, Tan Binh and Tan Phu, two social housing projects with 370 units would be built. The two projects would cover a total area of some 30,000 square meters, according to the department’s plan.
The developing urban area includes districts 7, 12 and Binh Tan, and Thu Duc City. Five housing projects with 4,000 units would be developed in districts 7, 12 and Binh Tan, while five other social housing projects with over 4,300 units would be developed in Thu Duc City.
In the outlying area, which comprises Binh Chanh, Hoc Mon, Nha Be, Cu Chi and Can Gio districts, the municipal department would develop eight projects covering 546,000 square meters, with 9,500 units, for workers.
The capital for these housing projects would be sourced from the State budget and others, the local media reported.
In the 2016-2020 period, the city developed some 15,000 social homes with a combined floor area of over 1.2 million square meters for workers.
According to a survey by the HCMC Labor Federation, some 1.3 million workers in the city need housing.
In late October, Thu Duc City broke ground for a social housing project with 1,000 units costing an estimated VND1.2 trillion to meet the housing demand of 3,000 workers in Thanh My Loi Ward.