Incentives proposed for workers' housing projects

Article

(Listed Jul 2, 2009)
Provinces and cities nationwide have registered nearly 570 housing projects worth over VND80 trillion (US$4.4 billion) for students, workers and low-income earners for the 2009-2015 period, according to the Ministry of Construction.

The list includes 270 projects worth over VND26 trillion ($1.4 billion) to house students from 2009-2010.

There are 110 projects worth nearly VND25.6 trillion to build housing for workers and 190 projects costing about VND28.6 trillion to house low-income residents.

The ministry has proposed to the National Steering Committee for Housing Policies and Real Estate Market that individual factories (those not located in industrial parks) with a large number of workers are allowed to build houses that workers can rent; and enterprises in industrial complexes and special industrial zones that build rental accommodation for their employees are to be given preferential treatment.


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Source: Thanhnien News

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