Construction on two housing projects for students and low-income families has begun in the central city of Da Nang, at a total investment of more than 300 billion VND (16.8 million USD).

The apartment building project for low-income families in Son Tra district, which costs 194 billion VND, will include a park, kindergarten, service area and basement parking.

Three nine-storey buildings, with a total of 725 apartments and floor area of up to 50,687 square metres, will accommodate more than 3,000 individuals. It is expected to be completed in 2011.
 

The student dormitory in Lien Chieu District, at a cost of 120 billion VND, will have six five-storey buildings with a total floor area of up to 39,830 square metres.

Once finished late next year, the 736-room dormitory will be able to accommodate 6,000 students.

The projects are being carried out by Da Nang based-Duc Manh Joint Stock Company and Construction and Investment Joint Stock Company 579.

The city planned to invest 1.4 trillion VND (78.5 million USD) to house 50,000 students over the next five years, said Tran Van Minh, chairman of the municipal People’s Committee./.