Viglacera builds low-cost housing in Gia Lam
Viet Nam Glass and Ceramics for Construction (Viglacera) has started construction of apartments for low-income earners in Ha Noi's Gia Lam suburban District.
The VND600 billion (US$31.2 million) project will include 10 12-storey blocks of apartments, covering an area of 3ha in Dang Xa residential area, 10km east of Ha Noi.
Viglacera said it would offer 1,000 45-69sq.m apartments to the market upon completion in 18 months.
Viglacera General Director Nguyen Anh Tuan said because the group designed and built the towers, costs were 10-15 per cent lower.
On the same day, Viglacera started work on the Viglacera Research and Development Institute engaged in research consultancy and scientific co-operation in construction materials, environmental monitoring and technology transfer.
vietnamnews
> New fees for land certificates (02/08/2010)
> UK to help develop creative industries (02/08/2010)
> FDI down but disbursement up (02/08/2010)
> New challenges for Vietnamese bicycle sector (02/08/2010)
> Japan eyes Vietnam’s infrastructure projects (02/08/2010)
> Vietnamese SMEs most confident in Asia (02/08/2010)
> Road to ignite prices (02/08/2010)
> Site clearance issues delay urban rail plan (02/08/2010)
> HCM City approves revised District 2 residential plan (02/08/2010)
> Steel pipe makers target US (02/08/2010)