A housing project built for workers in Kim Chung commune of Dong Anh district. (Photo courtesy of HNM) According tothe Ministry of Construction (MoC), the package will help ensure social welfarefor vulnerable people, enhance economic recovery and development, remove thedifficulties plaguing enterprises and support the development of the housingand real estate market.
Although theGovernment has issued multiple solutions to develop affordable housing forworkers, the supply of homes for workers at industrial parks have yet to meetthe demand.
Across thecountry, there are 266 social housing projects with more than 142,000 unitstotalling more than 7.1 million square metres. Another 278 projects including276,000 units with a total area of 13.8 million square metres are underdevelopment.
Cities andprovinces have completed 121 social housing projects with 54,000 units forworkers of industrial parks and are building 100 other projects with134,000 units.
However, sinceearly this year, no social housing projects for workers have been completed dueto the COVID-19 pandemic.
According tothe ministry, policies for housing development for workers have yet to beworked out. They are included in the policies for social houses.
Additionally,some localities have not paid much attention to formulating plans to developsocial housing projects, especially for workers.
Therefore, theMinistry has proposed amending the 2014 Housing Law, specifying policies forhomes for workers to attract investment.
Whiledeveloping industrial parks, the investors must set aside a certain proportionof land to build homes for workers. These homes must have a minimum area of 10square metres per person.
Land use fees,value added tax and corporate income tax should be reduced or exempted forinvestors of these housing projects. They should be given easier access topreferential loans from the Vietnam Bank for Social Policies and other creditinstitutions.
The Ministryalso urged the Government to propose the National Assembly add social housingprojects, including those to develop homes for workers in industrial parks, tothe mid-term public investment plan in the 2021-2025 period.
The Governmentshould also quickly provide 3 trillion VND for social housing projects in linewith its Resolution 41/NQ-CP dated 9 April, 2020.
According tothe ministry, the additional credit package aims to ensure "dualgoals" consisting of social security and housing for the disadvantagedwhile promoting economic recovery and development and removing difficulties forbusinesses in terms of housing development and the real estate market./.
VNA
