Monday, 02/08/2010 14:59

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

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