February 02, 2023 | 16:29

Quang Binh invites investors to build social housing

Thanh Xuân

Housing projects estimated to cost $38 million.

Quang Binh invites investors to build social housing

Authorities in central Quang Binh province are calling for investors to build social housing in Dong Hoi city, costing an estimated VND972 billion ($38 million).

The project will cover 9.6 ha in Dong Hoi city’s Loc Ninh commune and will have 784 houses able to accommodate over 3,000 people.

It is expected to meet housing demand of workers and contribute to boosting socio-economic development in the province.

The project has a lifespan of 50 years from the date the land is allocated to investors. Investment progress must not exceed six years from the date the decision approving the project investor is issued.

Interested investors can submit applications before March 2, 2023.

Quang Binh province has set a target of increasing the average housing area to 28.3 sq m per person.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate