The southern province of Dong Nai began construction on DETACO, a housing project for low-income residents and workers at local industrial parks, in Nhon Trach district on February 3.

The project includes 16 five-storey apartment blocks, offering a combined total of 2,192 flats. The flats will be sold for 200 million VND (9,320 USD) each.

Potential buyers will benefit from a credit package worth 30 trillion VND (14 million USD) with a 5-percent interest rate and 15-year loan duration. Notably, low-income buyers can pay for their homes in instalments.

The project also covers the building of a kindergarten, park, commercial centre, and parking space.

According to the provincial construction department, Dong Nai is conducting 91 housing projects for low-income residents, including five State-invested projects. Currently, 27 buildings of this kind are operational in the locality.-VNA