Social housing for workers at Dong An Industrial Park in Binh Duong province (Photo: VNA) Binh Duong (VNA) – The southern province of BinhDuong has proposed the Government allow it to keep some of the money gainedfrom the equitisation of local State-owned enterprises to fund the developmentof housing for low-income earners, including workers at industrial parks.
The provincial Department of Construction saidbetween 2016 and 2020, Binh Duong, a big industrial hub of Vietnam, needs tobuild more than 2 million sq.m. of social housing, excluding housing forcadres, civil servants, revolutionary contributors and resettled people.
By July 2019, it had attracted 86 social housingprojects covering 199.77ha of land, equivalent to some 3.9 million sq.m. ofhousing. Notably, 43 of them are invested by the Investment and IndustrialDevelopment Corporation (Becamex IDC) to supply accommodation to workers in BauBang district, Ben Cat and Tan Uyen townships and Thu Dau Mot city.
More than 1.3 million sq.m. of housing has beenbuilt for workers in the province so far, 65 percent of the target.
To boost social housing development, theprovince has also asked for permission to mobilise big State-owned propertybusinesses’ participation in such projects so as to attract other economicsectors to the work.
Binh Duong also called on the Government to offermore soft loans with terms of at least 20 years for social housing developersand buyers.-VNA
VNA
