A social housing project in Bac Giang city (Photo: VNA) Bac Giang (VNA) - The northern province of Bac Giangplans to mobilise some 92.5 trillion VND (3.9 billion USD) by 2025 for itshousing development programme, under which it targets building 85,600 housingunits with total floor area of more than 12.98 million square metres.
Of this amount, some 695 billion VND (29.4 million USD) from the local budgetand private sources will be spent on housing support for the poor and those whocontributed to the country’s revolution. The remainder will be invested insocial and commercial housing projects.
From now to 2025, Bac Giang will focus investment on completing eightcommercial housing projects in Bac Giang city, including apartment buildings inlots TM7, OCT5 and OCT8A on Nguyen Van Cu street, apartment buildings at XuongGiang street, mixed-use buildings on lots CO1 and X03 in Residential Zone 2,the HH4 commercial-residential complex in the urban zone in the south of BacGiang city, a housing project on lots A-LK36 and A-LK3, and the housing projecton the pedestrian street in the south of Bac Giang city.
The eight projects will have a total of some 374,300 square metres of floorspace with 20,405 apartments. Bac Giang is also calling for investment for thebuilding of 150,000 square metres of commercial floor space, equivalent to1,766 apartments.
The province targets completing ongoing social housing projects for workers. Itis calling for investment in additional housing projects for workers atindustrial zones in the districts of Viet Yen, Hiep Hoa, and Yen Dung with776,000 square metres of total floor area, or 15,520 apartments, meeting 70percent of housing need among workers.
It will also focus on completing ongoing social housing projectsfor low-income earners while encouraging more investment in social housingprojects for this group, offering as many as 393 apartments, or 49,900 squaremetres of floor space.
Between 2020 and 2055, the province targets providing housing support to anadditional 527 people who contributed to Vietnam’s revolution and 2,948 poorhouseholds.
Private houses measuring over 11.4 million square metres in floor space areexpected to be built during the period. Of this, 8.84 million square metres arein new residential and urban zones, with the remainder being in existingresidential areas.
Bac Giang has identified a host of measures to realise its targets, includingoffering incentives and credit access support to investors of social housingprojects and housing projects for workers at industrial zones. The provincewill also streamline procedures to get housing construction and upgradingpermits.
It will also continue encouraging the use of private resources for buildingapartment blocks for workers at industrial zones and social housing forlow-income earners. Land with infrastructure will be provided, for local peopleto build houses.
Measures will also be devised to ensure general planning and design is used,that the real estate market is stable, and that old buildings are renovated.
There are currently seven apartment buildings in Bac Giang city with 1,895apartments in total. Of these, 979 apartments with 93,075 square metres offloor space were put to use in 2000.
In implementing the Prime Minister’s Decision No. 22/2013/QD-TTgdated April 26, 2013 on providing housing support for people who served therevolution, the province has provided support to 2,784 households in need. Ofthese, 1,776 households required new housing and the remainder needed to repairtheir existing housing.
Thirteen commercial housing projects have been implemented in Bac Giang since2014, with a combined floor space of 493,677 square metres on 10.28 hectares.These projects are expected to meet the housing demand of 19,771 people.
Six of the 13 projects have been completed, with a combined floor space of76,920 square metres, or 773 apartments put into use, meeting the needs of2,706 people./.
