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PM attends ground-breaking ceremony for worker housing project in Bac Giang

Updated: 17:44, 17/06/2023
On the afternoon of June 16, Prime Minister Pham Minh Chinh attended the ground-breaking ceremony for the second phase of a worker housing project in Viet Yen District, Bac Giang Province.
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PM Pham Minh Chinh attends the ground-breaking ceremony for the worker housing project in Bac Giang.

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PM Pham Minh Chinh visits a model flat at the worker housing project.

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PM Pham Minh Chinh visits the worker housing project in Bac Giang.

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PM Pham Minh Chinh shakes hands with construction workers of the housing project.

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PM Pham Minh Chinh presents gifts to construction engineers and workers of the housing project.

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PM Pham Minh Chinh and delegates attend the ground-breaking ceremony.

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Overview of the ground-breaking ceremony.

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PM Pham Minh Chinh thanks enterprises that work with the government in building social housing for workers and low-income earners.

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Bac Giang Party Secretary Duong Van Thai speaks at the event.

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Delegates at the ground-breaking ceremony.

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PM Pham Minh Chinh and delegates press the buttons to kick off the project.

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The first phase is expected to provide 800 flats by the end of March 2024, while the second phase will begin handing over houses to customers in the fourth quarter of 2024. The third and fourth phases of the project are scheduled to begin in late 2023 and early 2024.

Preferential lending interest rate for social housing buyers set at 4.8% per year
The preferential lending interest rate for social housing purchase and lease purchase, new construction and house repair will be 4.8% per year from May 10, 2023 to December 31, 2024.
120 trillion VND credit package for affordable housing development
The government recently issued Resolution 33, which features a number of measures to address the difficulties and foster the safe, healthy and sustainable development of the property market, in which a credit package of 120 trillion VND (5.1 billion USD) was proposed to support social housing development.
Central bank starts huge credit package for social housing projects
Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
Bac Giang accelerates progress of traffic and social housing projects
(BGO) – Chairman of Bac Giang provincial People’s Committee (PPC) Le Anh Duong on March 30 inspected the implementation of social housing project for worker in new urban area of Nenh town in Viet Yen district and interchange project of Voi town (Lang Giang district) with Bac Giang – Lang Son expressway.
Prime Minister calls for more affordable housing
Prime Minister Pham Minh Chinh issued statements Monday urging property developers to combat the housing shortage by building more affordable homes that “meet the needs of more people.”

Source: NDO

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