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Jul 24, 2014 / 19:06

Hanoi calls for reviewing social housing project

The Ha Noi People`s Committee has asked relevant departments to review the progress of social housing projects and report on when the projects will be completed, before July 25.

In particular, the committee stipulated that the report include a description of the challenges affecting projects currently lagging behind schedule and solutions to enable faster progress.
 
The committee also asked local authorities to update official housing statistics and provide more information on housing demand to authorities until 2020.
The work must be completed before July 31, the committee said.
According to the Ministry of Construction, demand for social housing has drastically risen and requires immediate attention. In HCM City, about 130,000 apartments are needed, while in Ha Noi, 110,000 apartments are needed for low-income families.
Currently, 35 projects tasked with building social housing facilities have been completed with total investment capital of VND6.02 trillion (US$283.9 million). Around 18,950 apartments have been given to low-income families, while more than 17,430 apartments have been built for workers in industrial zones at a cost of VND3.8 trillion ($179.2 million).
As many as 90 projects worth VND27 trillion ($1.2 billion) are under construction, while another 39 projects will provide a further 27,000 apartments to workers in industrial zones.