The central province of Quang Binh has unveiled its housing development plan for the 2025–2030 period, aiming to allocate a land area of 5,520.62 ha for residential construction, with a projected total investment capital exceeding VND65 trillion ($2.52 billion).
Under the plan, the province-wide average housing space per person is expected to reach 33 sq.m by 2030.
To achieve this goal, Quang Binh will continue implementing housing and urban development projects already approved by the Provincial People's Committee, including 52 ongoing projects with confirmed investment decisions.
Additionally, the province will explore and invest in planned housing and urban development areas, encompassing 33 designated sites.
Social housing initiatives will also be prioritized, including the Loc Ninh commune project. The province plans to develop 46 social housing areas as listed in the social housing development plan.
The projected investment allocation for the 2026–2030 period includes VND8.75 trillion (nearly $339 million) for commercial housing development, nearly VND2.5 trillion (over $96 million) for social housing, and VND53.85 trillion (more than $2 billion) for individual housing construction by residents.