Viglacera Corporation on May 16 started the construction of a social housing and school project in Hanoi.
The project covers 6.2 hectares in the Dang Xa II urban area, providing 1,500 apartments and schools. It will cost 793 billion VND, equivalent to almost 37.3 million USD.
Speaking at the ground-breaking ceremony, representatives from the Ministry of Construction and the municipal People’s Committee praised the contributions and efforts of the investor in developing social housing in the city.
They also suggested that the investor should work together with the municipal sectors and authorities to set up a policy managing the city’ social housing fund in the coming time.
Viglacera’s low-price housing accounts for one-third of the number of homes of this type being constructed in Hanoi.
On the occasion of the launch, the corporation inaugurated 1,100 apartments in the area, which were constructed from August 2013, to meet people’s high demand for low-cost housing.
According to Viglacera General Director Nguyen Anh Tuan, all apartments have been sold out, providing accommodation for about 2,300 residents in the city.
Apart from apartments, Viglacera has also invested in constructing other infrastructure facilities, such as kindergartens, sport grounds, swimming pools, restaurants, super markets and parks in the area to serve the essential demands in the lives of people in Hanoi, Tuan said.-VNA
The project covers 6.2 hectares in the Dang Xa II urban area, providing 1,500 apartments and schools. It will cost 793 billion VND, equivalent to almost 37.3 million USD.
Speaking at the ground-breaking ceremony, representatives from the Ministry of Construction and the municipal People’s Committee praised the contributions and efforts of the investor in developing social housing in the city.
They also suggested that the investor should work together with the municipal sectors and authorities to set up a policy managing the city’ social housing fund in the coming time.
Viglacera’s low-price housing accounts for one-third of the number of homes of this type being constructed in Hanoi.
On the occasion of the launch, the corporation inaugurated 1,100 apartments in the area, which were constructed from August 2013, to meet people’s high demand for low-cost housing.
According to Viglacera General Director Nguyen Anh Tuan, all apartments have been sold out, providing accommodation for about 2,300 residents in the city.
Apart from apartments, Viglacera has also invested in constructing other infrastructure facilities, such as kindergartens, sport grounds, swimming pools, restaurants, super markets and parks in the area to serve the essential demands in the lives of people in Hanoi, Tuan said.-VNA
