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 )