Social housing development in 2021-2025 requires over 9.6 billion USD

  • Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
    Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
  • Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
    Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
  • Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
    Photo: Hanoi 's new social housing projects in the fourth quarter of 2021 are expected to provide 7,900 apartments, mostly for stable income earners. VNA Photo: Tuấn Anh
  • Photo: Hanoi develops 11 new social housing projects in the fourth quarter of 2021. VNA Photo: Tuấn Anh
    Photo: Hanoi develops 11 new social housing projects in the fourth quarter of 2021. VNA Photo: Tuấn Anh
  • Photo: Hanoi develops 11 new social housing projects in the fourth quarter of 2021. VNA Photo: Tuấn Anh
    Photo: Hanoi develops 11 new social housing projects in the fourth quarter of 2021. VNA Photo: Tuấn Anh
Vietnam needs an estimated 220 trillion VND (9.6 billion USD) to build about 294,600 units of social housing for low-income earners in urban areas and industrial parks in the 2021-2025 period, according to the Ministry of Construction. Notably, low-income people in urban areas needs about 131,100 units with a total investment of about 138 trillion VND. According to Deputy Minister of Construction Nguyen Van Sinh, there are 266 social housing projects with more than 142,000 units across the country, totalling more than 7.1 million square metres. Another 278 projects with 274,000 units and a total area of 13.8 million sq.m are under development. VNA Photo: Tuấn Anh

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