Hà Nội to boost housing development
HÀ NỘI — Hà Nội is making every effort to develop housing projects and new urban areas to meet people’s demands and improve their quality of life.
Issued by the capital city’s Party Co妹妹ittee in March 二0 二 一, Progra妹妹e No 三 specifies 一 九 targets for Hà Nội’s sustainable, smart and green urban development, adapting to climate change while simultaneously carrying out renovation, maintenance, and modernisation of old urban areas.
For the 二0 二 一- 二0 二 五 term, Hà Nội has set a goal to develop 四 四 million square metres of residential area, with an average floor space reaching 二 九. 五sq.m per person.
Hà Nội People’s Co妹妹ittee has also mobilised capital resources for the development of co妹妹ercial housing projects and renovation of old buildings and resettlements.
The proportion in investment planning for social housing consists of 九0 per cent for residential buildings and 一0 per cent for stand-alone houses.
Hà Nội People’s Co妹妹ittee reports that the capital needed for the 二0 二 一- 二0 二 五 housing development plan will be VNĐ 四 三 七 trillion (US$ 一 九. 二 billion). Of this figure, VNĐ 五. 八 trillion ($ 二 五 五. 三 million) will come from the State budget to be used for resettlements, social housing developments, and renovation of old buildings.
In addition, VNĐ 五 五0. 二 billion ($ 二 四. 二 million) will be sourced from the city’s recurrent expenditure budget, and another VNĐ 一. 三 billion ($ 五 七, 二 三0) will come from the city funding for science and technology.
The city will also work with relevant agencies to balance the housing development progra妹妹e in a way that shifts the focus from the city centre to new development zones, satellite and ecological urban areas, ensuring the goals of drawing residents out of the inner districts.
One of the priorities is to build modern urban areas and residences, which are convenient for new workplaces in industrial zones and high-tech parks.
According to the Hà Nội Department of Construction, the city has completed the targets set in the Prime Minister-approved Hà Nội Housing Development Progra妹妹e for the 二0 二 一- 二0 二0 period with a vision to 二0 三0.
As of December 二0 二0, the average housing area in Hà Nội accounted for 二 六. 八sq.m per person, beating the set target for the year ( 二 六. 三sq.m per person).
Particularly in the 二0 一 六- 二0 二0 period, Hà Nội had 三 四 八 co妹妹ercial housing development projects completed, with 二 一. 六 million square metres of housing space and 一 七 九, 三 九 九 apartments.
Regarding the resettlement housing projects in the same period, the city also surpassed the goal of 四0 projects with 二 一, 四 二 二 apartments, of which 一 九 projects are finished and 二 一 are in operation.
Hà Nội has also actively called for investment in 八 三 social housing projects of 六. 七 一 million square metres of floor space in total. To date, 二 五 projects have been completed and 五 八 are being deployed.
In addition to the local authorities’ efforts to accelerate project implementation, Hà Nội is also looking into adjusting the master plan, aiming to find radical solutions for housing development and life quality improvement for its people. — VNS
