Low-income families to get chance of new housing

The building of 800 apartments for low-income earners in Hanoi’s Long Bien District started on April 10.

The apartments, in the new Viet Hung precinct 8km north-east of the city centre, will vary from 35 to 60sq.m and will be set aside for young families, families with two children and families with two adult children.

The Hanoi Construction Department will make 500 of the apartments available for lease with the remainder sold by the Hanoi Housing Management and Development Company.

Hanoi’s People’s Committee Chairman Nguyen The Thao said the project was an important start to the city’s plan to stimulate investment, curb economic contraction and guarantee social welfare.

Deputy Prime Minister Nguyen Sinh Hung, Construction Minister Nguyen Hong Quan and senior agency officials attended the ground-breaking-ceremony to begin the work.

The project is scheduled to be completed before Oct. 10, 2010 as part of the celebrations for Thang Long-Hanoi’s 1,000th anniversary.

VietNamNet, vietnamplus

>   Experts call for stitching up ASEAN textile-industry cooperation (11/04/2009)

>   Plei Krong hydro-electric plant begins its run (11/04/2009)

>   VSA outlines ways to end tax fraud by steel importers (11/04/2009)

>   EU completes technical aid to ministries (11/04/2009)

>   Many FDI businesses in Hanoi recruit workers again (10/04/2009)

>   Phu My Hung names Savills sole leasing agent for new property (10/04/2009)

>   Leaders debate sustainability vs. profitability in bauxite mining (10/04/2009)

>   2009 deficit seen halving as imports fall (10/04/2009)

>   Inspections halted amid economic turmoil (10/04/2009)

>   National carrier determined to see justice prevail (10/04/2009)