Property

The project, led by private firm CMC Technology & Solution, located on an 11,000 sq.m site, will feature 23 floors above ground and three basements, with a total floor space exceeding 90,000 sq.m.

The total investment for the project is over $115 million, of which the investor's contribution accounts for 15%.

The resolution streamlines administrative procedures for social housing projects and sets up a National Housing Fund.

The project's investor will be chosen via bidding.

The south-central province targets to have 15 IPs by 2030.

The project will provide 890 apartments for low-income earners and workers.