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Land zoned for social housing expands to over 8,390ha: ministry

The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
Land zoned for social housing expands to over 8,390ha: ministry ảnh 1There are now 1,249 land lots covering 8,390ha for building social housing nationwide, according to the Ministry of Construction. (Photo: VNA)
Hanoi (VNA) – The land area zoned for socialhousing development has increased by 5,031ha from the 3,359ha reported in 2020,said the Ministry of Construction (MoC).

As such, there are now 1,249 land lots covering 8,390ha for buildingsocial housing, data show.

The MoC and the State Bank of Vietnam recently submitted areport on the implementation of the plan on building at least 1 million socialhousing units for low-income earners and workers of industrial parks inthe 2021 - 2030 period.

The MoC said many localities have paid attention to zoning landfor social housing such as Dong Nai province 1,063ha, Ho Chi Minh City 608ha,Long An province 577ha, Hai Phong city 471ha, and Hanoi 412ha. However, someothers haven’t, including the provinces of Ninh Binh, Ha Giang, Lai Chau, NgheAn, Dak Nong, Ninh Thuan, and Dong Thap.

From2021 to the end of 2023, 499 social housing projects with 411,250 apartments wereimplemented nationwide. Among them, 71 projects with 37,868 apartments were completed,127 others with 107,896 apartments had their construction started, and the 301remainders with 265,486 apartments had their investment policies approved.

Land zoned for social housing expands to over 8,390ha: ministry ảnh 2Illustrative image (Photo: VNA)

DeputyMinister of Construction Nguyen Van Sinh noted thanks to strong directions fromthe Government and Prime Minister as well as the engagement of ministries,sectors, and localities, significant results have been obtained in socialhousing development over the recent past.

Many localities are actively attracting investment to build social housing such as Bac Ninh 15 projects with 6,000 apartments, BacGiang five projects with 12,475 apartments, Hai Phong seven projects with 11,678apartments, Binh Duong seven projects with 6,557 apartments, and Dong Nai eightprojects with 9,074 apartments, he said.

Meanwhile, despite big demand for social housing, investment in thistype of accommodation in several localities remains modest compared to the plan’starget for 2025. For example, Hanoi has only three projects with about 1,700apartments, meeting only 9% of demand. HCM City has seven projects with 4,996 apartments,or 19% of demand, while Da Nang has five projects with 2,750 apartments, at 43% of the need.

Notably, such provinces as Vinh Phuc, Ninh Binh, Nam Dinh, LongAn, and Quang Ngai haven’t had any projects launched since 2021, according tothe official.

Facing that fact, the MoC has frequently urged localities topromote the development of social housing and publicise the projects eligiblefor soft loans so as to meet the plan’s target, Sinh added./.
VNA

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