The Phnom Penh Post

VN ministry set to focus on social housing

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VI ETNAM’S deputy Prime Minister Trinh Dinh Dung asked the Ministr y of Constructi­on to pay attention to the developmen­t of socia l housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for constructi­on businesses.

Dung was speaking at a conference on Friday to rev iew results achieved by t he ministr y last year and ra ise orientatio­ns for t his year.

Dung said t hat the market demand for socia l housing projects remained high while supply was limited, stressing t hat t he ministr y needed brea kthrough policies to boost socia l housing developmen­t.

The management on urban developmen­t, industria l and economic zones must also be enhanced to ensure the appropriat­eness to the urban housing developmen­t programme, Dung said.

In addition, t he ministr y should focus on coordinati­ng with relevant ministries and agencies to develop solutions for treating ash released by thermo power and fertiliser plants into building materia ls, Dung said, adding t hat it was important for env ironmental protection.

Minister of Constructi­on Pham Hong Ha said that the huge volume of ash released from thermo power and fertiliser production was posing t hreats to t he env ironment.

Ha said t hat i n Januar y, t hree ministries, including t hose of industr y and trade, constructi­on and natura l resources and env ironment would meet to develop solutions to promote the use of ash in producing building materia ls.

Ha also said the Ministry of Constructi­on would develop an action plan to implement the Government’s resolution­s about socio-economic developmen­t targets and improving the business environmen­t and national competitiv­eness.

According to Deputy Minister of Constructi­on Le Quang Hung, the sector had a good year last year.

The ministr y’s report pointed out t hat the production va lue of t he constructi­on sector grew 9.2 per cent last year, meeting t he target set for t he f ull year and contributi­ng significan­tly to socio-economic developmen­t.

Hung said the ministr y last year a lso focused on administra­tive reforms to create favourable conditions for constructi­on businesses wit h 41.3 per cent of administra­tive procedures eliminated and 47.3 per cent simplified out of 215 business prerequisi­tes.

The ministr y a lso completed t hree law compilatio­n projects last year, including t he Law on Architectu­re, the Law on Urban Developmen­t and Management and project of amending the laws on constructi­on, housing, rea l estate business and urban planning.

He said Vietnam ranked 20th out of 190 economies by the score of dealing with constructi­on permits by the World Bank’s report on the ease of doing business.

The rea l estate and building materia l markets had seen stable developmen­t, Hung said.

The ministr y’s report said t hat housing prices did not see considerab­le fluctuatio­ns last year compared to 2017.

Real estate inventorie­s tota lled 22.8 trillion dong ($ 980.4 billion) as of December 20, a drop of 82.24 per cent against the peak recorded in t he first quarter of 2013.

A tota l of 58 million sqm of housing area was completed last year. Some 5,800 homes for low-income earners were completed with a tota l area of 290,000sqm. Average housing area per person now reached 24sqm.

The building materia l market met domestic demand while t he focus was a lso placed on developing new, env ironmental­ly-friendly materia ls, t he report said, adding t hat 55 out of 63 prov inces and cities have a lready developed plans to eliminate baked bricks and use unbaked bricks. As of November, unbaked bricks were estimated at eight billion units, accounted for 30 per cent of t he tota l brick output.

Hung said constructi­on management was also enhanced nationwide with planning of 58 out of 63 provinces and cities approved to ensure sustainabl­e urban developmen­t. There were 828 urban areas throughout the country, statistics showed.

The ministr y’s appraisa l of constr uction investment a lso helped cut costs by 2.6 per cent, equivalent to $1.6 billion, according to t he ministr y’s report.

 ?? VNECONOMY.VN/VIET NAM NEWS ?? Vietnam’s Ministry of Constructi­on is urged to pay attention to social housing developmen­t to meet market demand.
VNECONOMY.VN/VIET NAM NEWS Vietnam’s Ministry of Constructi­on is urged to pay attention to social housing developmen­t to meet market demand.

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