The Hai Phong Department of Planning and Investment has called for investors to invest in building a commercial and social housing project in the northern port city’s An Duong district.

The project covers an area of 72 ha.

Total investment is estimated at over VND1.1 trillion ($46.4 million), of which nearly VND1.06 trillion ($44.7 million) is for project construction and the remainder for site clearance and compensation.

The project will accommodate 346 houses of up to five stories and two social housing blocks of up to nine stories, with 349 units.

It will also accommodate a kindergarten and shops.

The department said the aim of the project is to build commercial and social housing for sale and lease, helping to meet housing demand among local residents and workers at industrial parks in the city and neighboring localities.