HCM City targets 93,000 social houses by 2030

Ho Chi Minh City targets to build 69,000 – 93,000 social houses in the 2021-2030 period, according to Vice Chairman of the municipal People’s Committee Bui Xuan Cuong.

Some 26,200 – 35,000 are expected to be built in 2021-2025 period, he said while addressing a conference held on December 6 to promote investment in social housing construction in the city by 2030.

The city is currently calling for investment in 2 social housing projects and 5 land plots planned to build social housing with about 3,800 apartments.

At the event, the city authorities introduced preferential policies in land, housing and real estate investment to attract more investors in developing social houses.

Mr. Phan Van Mai, Chairman of the municipal People’s Committee, said the city committed to fulfill its tasks in developing social houses, particularly in land planning, infrastructure connection, and coordination to complete procedures for projects.