HCMC limits building resettlement houses with state budget

SGGP
HCMC will limit spending the state budget for new resettlement projects but call on businesses to invest in the projects to meet demand in the city, said deputy chairman of the city People’s Committee Tran Vinh Tuyen at the meeting on the management of houses and housing land for resettlement purpose yesterday.

HCMC limits building resettlement houses with state budget

According to Mr. Nguyen Van Danh, deputy head of the Department of Construction, HCMC is expected to implement 300 urban planning projects affecting 19,000 households from now until 2020; in the phase from 2021-2025, 226 projects will be carried out impacting 25,000 households. So the total number of families affected by the projects will be 44,000 by 2025.
Preliminary survey shows that 16,800 households want to receive compensation and seek new accommodations by themselves while 27,200 cases want to be resettled by the local government.
HCMC leaders hope that the resettlement program will comprehensively and harmoniously solve all aspects of life, ensure new accommodation for residents with suitable living space and synchronously invest technical and social infrastructure in association with welfare policies including job training to provide better employment opportunities to improve the life of residents after removal.
At present, HCMC has 12,197 unused resettlement apartments and housing land lots. Of these, 5,075 apartments must be auctioned to reclaim capital. Mr. Tran Vinh Tuyen said that the city would use up resettlement apartments which have been built and limit new projects using state budget at a maximum level.
Projects that have been built for five years but not been used will be auctioned to reclaim funds and prevent apartments from running downgraded.
In the upcoming time, districts must register their resettlement apartment use demand with the Department of Construction annually and be responsible for their registered numbers. At the end of the year, they must report to the department on how they have used resettlement housing fund. This year, they have been asked to register in early April at the latest.
From now until 2025, the city will continue facilitating investors’ participation in building social housing projects with non-budget capital, review social housing land fund in districts and use revenue from commercial housing projects and new urban areas, which investors are responsible for arranging 20 percent of projects’ land fund for social housing development under the form of payment to take the initiative in resettlement housing source for the city’s urban planning program.

By Do Tra Giang – Translated by Ngoc Thanh

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