Authorities in Ho Chi Minh City have asked relevant departments and agencies to take measures to tackle the difficulties and obstacles facing commercial and social housing projects.
The municipal Department of Planning and Investment was required to review and issue specific measures and shorten administrative procedures for granting investment policies for social housing projects for low-income earners and workers at industrial parks.
City authorities also asked agencies and departments to add social housing projects to investment promotion programs and introduce further measures to attract enterprises to invest and build social houses.
Authorities also requested that investors in social housing projects speed up construction progress. Those that fail to keep to schedule will have their projects revoked.
Ho Chi Minh City was assigned to build 69,700 units under the government program to build at least 1 million social housing units for low-income earners and workers at industrial parks in the 2021-2030 period.
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