By now, 98 social housing projects targeting low-income people and workers have been completed nationwide, better meeting their demand for accommodation.
According to the Housing and Real Estate Market under the Ministry of Construction, the projects have offered about 18,950 apartments to low-income people and 17,430 others to workers.
Construction is also underway on 129 other housing projects worth 34.4 trillion VND (1.6 billion USD). Once completed, they will provide the two groups with 82,000 flats.
However, according to the department, low-price houses have yet to meet people’s great demand, while authorities have paid little attention to providing incentives for investment in this segment.
The ministry has asked localities to speed up the social housing development by shortening administrative procedures.-VNA
According to the Housing and Real Estate Market under the Ministry of Construction, the projects have offered about 18,950 apartments to low-income people and 17,430 others to workers.
Construction is also underway on 129 other housing projects worth 34.4 trillion VND (1.6 billion USD). Once completed, they will provide the two groups with 82,000 flats.
However, according to the department, low-price houses have yet to meet people’s great demand, while authorities have paid little attention to providing incentives for investment in this segment.
The ministry has asked localities to speed up the social housing development by shortening administrative procedures.-VNA
