Society

Hanoi plans low-cost housing

The municipal Department of Construction has announced that 3.5 million square metres of housing will be built in Hanoi by the end of this year.
The municipal Department of Construction has announced that 3.5 millionsquare metres of housing will be built in Hanoi by the end of this year.

Thehousing will be aimed at students, industrial zone workers andlow-income earners under the guidance of the Government and municipalauthorities.

"With the present population, Hanoi lacks 5.5million square metres of housing, which equals more than 11,000 flats,"said Nguyen The Hung, deputy director of the city's Department ofConstruction.

Existing housing projects for workers in Dong Anhdistrict's Kim Chung and Nguyen Khe communes, students in Thanh Tridistrict's Phap Van and Tu Hiep communes and low-income earners in theSai Dong residential quarter in Gia Lam district will also be completed.

Thedepartment will submit a 10-year plan to municipal authorities forapproval in which details of how investors can rebuild dilapidated partsof the city will be included.

In the first three months of thisyear, the department completed 14 floors of the 17-floor My Dinh 2student quarter, and has completed the Hoang Van Thu and Bac Linh Damresident quarters, which span more than 10 hectares.

Last year the department built 2.5 million square metres of housing.

Themunicipal Party Committee Secretary Pham Quang Nghi has inspected theprogress of the housing projects for low-income earners and students andworked with Ha Dong authorities and the projects' investors.

Affirmingthe city's policy to create favourable conditions for investors and togradually solve the housing shortage, he called on authorities,agencies, and investors not to let anyone seek profit from the policy.

Any individuals and organisations profiting by buying and reselling houses for low-income earners will be punished, he said.

Themunicipal People's Committee will ensure there are sufficient funds tocontinue building and will choose responsible and qualified investors,he said.

There are 11 housing projects for low-income earnersunder construction at present in the city with a total area of 21hectares. About 11,174 apartments will be built for 41,645 people.

TheParty Committee Secretary on the same day inspected the progress of ahousing complex for students in My Dinh II urban area in Tu Liemdistrict, which is expected to accommodate nearly 7,400 students./.
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