Encouraging Companies to Build Social Housing in Binh Duong: Boosting Economy and Meeting Workers’ Needs

2023-07-25 00:27:00

Economy

Binh Duong encourages companies to build social housing

In 2023, Binh Duong province plans to build 18,000 additional social housing units to meet the needs of workers and employees. The provincial authorities encourage businesses and investors to participate in local development plans that have many industrial zones, and thereby attract a large number of workers.

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Social housing is built by the Becamex GroupPhoto: Internet/CVN

To meet demand, Binh Duong has developed a development project for 86,877 social housing units between 2021 and 2030. In 2023, it will build 18,000 additional social housing units, which will represent a total of 46,377 housing units during the 2021-2025 period.

According to Vo Van Minh, chairman of the People’s Committee of Binh Duong, the increase in social housing over the period 2021-2025 is a major policy. The province has asked the Building Department to consider, in a flexible, realistic and efficient manner, the arrangement of the land fund for social housing in residential and commercial real estate projects in order to create favorable conditions for businesses.

Binh Duong province is encouraging companies and investors to finance housing for employees working in industrial parks in the province, while conducting a study of 33 commercial housing projects covering regarding 100 ha.

A group put forward for this project

Many investors are involved in building social housing for workers in Binh Duongphoto: Internet/CVN

Recently, on July 22, the Kim Oanh Group presented its plan to cooperate with a Singaporean company to build social housing. This would concern 26 projects (including 23 social housing projects and three housing projects for low-income workers) with a total of regarding 40,000 housing units for a total investment of regarding 31,000 billion VND.

For phase 1, by 2026, the Kim Oanh Group will launch 14 projects with 25,000 social housing units. In 2023, 4,800 social housing units will be put on the market in Binh Duong and Dông Nai.

Becamex IDC Corporation is also one of the local units at the forefront of the development of social housing for workers.

After ten years of construction in many cities such as Di An, Thuân An, Thu Dâu Môt, Bên Cat, the Becamex group has completed 47,500 homes, reaching 74% of the plan, for a total of 65,000 homes.

Becamex IDC continues to carry out the next phase: 118,234 social housing units, allowing people with low incomes to own affordable housing with all the facilities.

Text : Quang Chau/CVN

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