Vietnam Posco village project inauguration ceremony (Photo: posco)Poor people in Tan Thanh district, southern Ba Ria-Vung Tau province now live in spacious houses thanks to a project sponsored by Posco Vietnam Co. Ltd, a wholly invested company by the Republic of Korea’s Posco Group, and Habitat for Humanity Vietnam (HFH Vietnam).
After eight months of construction, the Vietnam Posco village project handed over 45 houses to those in need in Tan Hoa commune.
With a total investment of nearly 8.1 billion VND (386,000 USD), the project targets the building of 85 houses, each worth 95 million VND (4,523 USD) and covering an area of 53.6 sq.m.
The first phase, costing 2.5 billion VND (119,000 USD), commenced in November 2014 and finished in June 2015, providing 26 houses to poor families. As many as 19 houses were built in the second phase from July to August 7, 2015.
The remaining 44 houses will be constructed late this year.
Tan Hoa is the poorest commune in Tan Thanh district, with the highest poverty and unemployment rates.-VNA
