Some 10,000 low price residences built for labourers in Binh Duong province
The Ministry of Construction and the Becamex Corporation has recently inaugurated the construction of an additional 10,000 cost flats with a selling price of between VND100-150 million each to low-income labourers.
Photo for illustration. (Source: baobinhduong.vn)
The construction was enabled by a VND30 trillion package in support of providing affordable real estate.
Accordingly, the low price flats were built in Thuan An commune and Thu Dau Mot city, very near a high number of industrial zone workers in need of accommodation.
Labourers and workers have priority in buying the flats with preferential loans at low interest rates from the VND30 trillion package.
Two years after the implementation of social housing project, so far the province has tranferred ownership of over 5,000 flats, mainly to workers and labourers in industrial zones.
According to the project, Becamex is assigned to build 64,700 social flats with a total investment of over VND12 trillion./.
( Compiled by VNF )
Most read
Recommended

Vietnam News Today (Sep. 28): Vietnamese Economy Remains Resilient Amid Weakening Global Demand

Vietnam News Today (Sep. 27): Vietnam Enjoys Rise Up Economic Freedom Rankings

Vietnam News Today (Sep. 26): Vietnam to Host Fourth P4G Summit in 2025

Vietnam's Expats in Brazil - Bridge of Friendship between The Two Countries
Popular article

Vietnam News Today (Sep. 25): Latin America Among Most Important Markets For Vietnam

NA Leader’s Visit to Bulgaria: Further Strengthen Bilateral Multifaced Cooperation

UNGA 78: PM Pham Minh Chinh Proposes Strengthening Strategic Trust To Tackle Global Challenges
