Hanoi and HCM City will build 5.9 million square metres of social houses in 2012-2015 period, the Ministry of Construction said, adding that this target is to early realise the plan in the National Housing Development Strategy.
The ministry said that in urban centres, the demand for social houses is very big, therefore, Hanoi and HCM City should strongly encourage many state-owned groups and corporations and enterprises in all economic sectors to invest in building this type of housing.
Hanoi expects to build 3.2 million square metres of floor area for social houses in 2012-2015 period and HCM City targets a figure of 2.7 million m2.
Of which, Hanoi plans to spare 1.5 million m2 of housing area to meet the demand of 230,000 workers while HCM City will earmark 800,000 m2 of floor area for 93,000 workers.
Regarding the housing issue for students, both cities target to build about 600,000 m2.
About houses for sales and rent for low-income earners in urban areas, Hanoi targets to reach the threshold of 1.1 million square metres, equalling to 15,500 apartments and HCM City at 1.3 million m2 or 17,500 apartments.
Initially, the two cities will focus on amending and supplementing the mechanisms and policies related to housing programme development plan yearly, in five years and long term and specify indicators of social housing development for each group of customers who face difficulties in accommodation issue according to regulations. - Source: Vietbiz24
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