Social housing projects cater to growing demand in Thai Nguyen

Authorities in northern Thai Nguyen province have given the green light to a number of social housing projects in Pho Yen town in a bid to boost the living conditions of low-income labours.

Tuesday, August 04, 2015 19:36

Social housing projects cater to growing demand in Thai Nguyen ảnh 1

A number of social housing projects will be implemented in Thai Nguyen to boost the living conditions of low-income labours. (Photo: VNA)

Authorities in northern Thai Nguyen province have given the green light to a number of social housing projects in Pho Yen town in a bid to boost the living conditions of low-income labours.

At the end of July, the Thai Nguyen People’s Committee approved a project from the Housing and Urban Development Company (HUD) with total investment exceeding 640 billion VND (29.5 million USD).

Covering 17 hectares, the construction is set to include 38 five-storey apartment blocks accommodating approximately 7,600 people. It will also entail inner transportation infrastructure, parks, a communal house and a kindergarten, among others.

The building complex is scheduled to be operational within the third quarter of 2018.

In May, the province authorised a 4-trillion-VND (184.3 million USD) social housing construction, also in Pho Yen town, which covers 35 hectares and will accommodate about 30,000 people.

According to Duong Ngoc Long, Chairman of the Thai Nguyen People’s Committee, Samsung and other businesses are expected to invest more than six billion USD in the province and create jobs for approximately 80,000 labourers.

As such, huge demand for low-cost accommodation has emerged.

Building social housing projects caters to demand, offers additional employment in the construction sector and utilises available land, Long said.-VNA

VNA

#housing project #Thai Nguyen #low cost accommodation #apartment Thai Nguyen

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