A $59.3 m-social housing project to be built in Thanh Hoa province

The People’s Committee of central Thanh Hoa province has approved a social housing project in Phu Son ward with an estimated investment capital of more than VND1.55 trillion ($59.3 million).

The project will cover over 16,418 sq m at a resettlement area in Phu Son ward in the province’s Thanh Hoa city.

It will build 890 apartments for some 3,000 residents. Of the total, there will be 860 social houses and 30 commercial houses.

The investor will be chosen via bidding and construction is scheduled to last for three years.

The project is aimed at meeting housing demand for workers and low-income earners in the province, as well as promote urban development.