Ho Chi Minh City green-lights largest-ever social housing development

Ho Chi Minh City has approved an investment policy and investor for its largest social housing project. This development is planned to cover 192 hectares and accommodate 67,645 residents.

The Ho Chi Minh City People’s Committee has officially approved the investment policy and selected an investor for its most extensive social housing project to date. This significant development is planned for Ba Diem Commune, where it will span a vast area of 192 hectares. The project aims to provide housing for a substantial population, with an estimated capacity to accommodate 67,645 residents. This approval marks a crucial step forward in addressing the city's housing needs, particularly for low-income individuals and families. The scale of this undertaking underscores the city's commitment to expanding its social housing infrastructure. Further details regarding the project's timeline and specific housing types are expected to be released as the development progresses. This initiative represents the largest social housing endeavor ever undertaken by Ho Chi Minh City.

Key points
* Ho Chi Minh City approved its largest social housing project.
* The project will cover 192 hectares in Ba Diem Commune.
* It is designed to accommodate 67,645 residents.

Nguồn / Source: Tuổi Trẻ News