Projects to build houses for low-income people have just met only 1% of the set target, admitted the Ministry of Construction in a recent report.
Many low-income housing projects have been carried out at extremely slow pace
The ministry explained that the country has started 42 low-income housing projects worth VND4.5 trillion (USD213.91 million) with an expectation to house around 73,200 people.
However, up to now, only nearly 2,000 apartments have been completed, serving around 8,000 people, just 1% of the plan.
Projects to build accommodations for students are also carried out at snail’s pace. Currently, only 151 house blocks have been put in use, benefiting 125,000 students.
An additional 100 house blocks are expected to be completed by the end of 2012 in order to serve around 205,000 students, the ministry noted.
The same situation is recorded among housing projects for workers. A total of 27 such projects worth VND3.015 trillion (USD143.32 million) have been carried out with the aim of serving around 139,800 workers. However, to date, only nine projects have been completed, meeting the housing demand of just 27,800 workers.
Projects to build houses for the poor seem dramatically better. By the end of 2011, cities and provinces across the country have built houses for around 470,000 poor households, meeting 95% of the set target.
