Most of the ongoing social housing projects have been delayed or stopped construction due to lack of capital, according to the Ministry of Construction.
In the report to the National Assembly, the Ministry of Construction said that since the end of 2016 (after the end of the 30,000 billion home loan package), the implementation of the social housing program has been congested because there is no source. capital to continue lending. Therefore, most of social housing projects have been delayed or stopped construction, so the number of apartments in this segment is very low. Specifically, the Ministry of Construction said that the whole country has 226 projects under construction, with 182,200 units, total area of about 9.11 million m2.
"The balance of budget capital for social housing development faces many difficulties because the social housing policy support program is not on the list of priority programs using central budget capital", reports. stated by the Ministry of Construction. Besides, according to this agency, the provisions of the law on the subjects needing support for social housing are increasingly expanding, while the capital resources are still very limited to meet the demand.
According to the Ministry of Construction, Vietnam currently has 198 completed social housing projects, with 81,700 units, equivalent to 4,085 million m2.
According to VN Express
