The Department of Construction of Ho Chi Minh City has announced eight land plots that have been zoned for social housing development and will be used to select investors.
The department made the announcement at a conference held on December 18 to disseminate and implement the National Assembly’s Resolution 201/2025/QH15 on piloting special mechanisms and policies for social housing development, along with relevant guiding decrees.
Resolution 201 has significantly shortened administrative procedures for social housing projects, an important step in facilitating the city’s target of building 200,000 social housing units by 2030, according to Vice Chairman of the city’s People’s Committee Hoang Nguyen Dinh.
The department is also drafting a new resolution to support social housing projects, including a 50% investment cost support for infrastructure and exemption from construction investment procedures. These are practical policies aimed at encouraging investors to participate in this sector.
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