The seminar was attended by Mr. Nguyen Van Dinh - Vice Chairman of Viet Nam Real Estate Association; leader representatives of provincial departments, committees and branches; as well as real estate enterprises in the province.
According to the Department of Construction, Binh Duong currently has 29 industrial parks, with a total area of 12,600 hectares; occupancy rate 91%; with nearly 2 million workers who come from many provinces and cities nationwide and abroad. With this labor force, the need for housing is extremely large, especially for low-income workers.
Based on the actual need for housing, to ensure that workers can live and work in peace and contentment to contribute to stabilizing social security, create resources and serve as a premise for sustainable development, over the past time, Binh Duong province has issued many programs and plans on social housing development; including policies to encourage economic sectors to participate in construction investment, solving housing needs for low-income workers.
Overview of the Seminar
Binh Duong is considered as a pioneer province in building and putting into use the most effective social housing and worker housing models. Social housing development in Binh Duong province is considered by Central ministries and branches to be a bright spot of the real estate market inside and outside the province. Specifically, in the 2011-2015 period, Binh Duong province attracted 82 social housing development projects, with a total housing floor area of 3.8 million m², meeting the needs of 238.325 people, with a total investment of 19.034 billion VND. During the 2016-2020 period, Binh Duong invested 1.33 million m² of floor space/ 2 million m² of floor space, reaching 65% of the plan. Besides, Binh Duong has mobilized many enterprises to invest in building social housing and worker housing. Typically, Becamex IDC, a state-owned enterprise, has been assigned by the province to build social housing. With available advantages in capital, land fund and infrastructure, it has contributed to bringing synchronous, suitable, and low-cost social housing projects to workers.
Mr. Nguyen Ba Phuong - Deputy Director of Viet Nam Bank for Social Policies in Binh Duong province provides information about policies to support social housing construction
The province has implemented Decision No. 338/QD-TTg dated April 03, 2023, of the Prime Minister approving the Project "Investment and construction of at least 01 million social housing apartments for low-income people and industrial park workers in the 2021-2030 period". The Government has assigned Binh Duong province a target to develop 86.877 units compared to the forecast demand of 115.836 social housing units in the 2021-2030 period. Of which, the 2021 - 2025 period is 46.377 units/61.836 units according to forecast; and the 2026 - 2030 period is 40.500 units/54.000 units according to forecast.
During the implementation of social housing construction meets the housing needs of low-income people, investors also have received many incentives from the State. However, in reality, implementing the construction and putting into use of social housing also faces many difficulties and shortcomings from State agencies, social housing investors, and social housing owners, etc.
At the Seminar, representatives of the Viet Nam Bank for Social Policies - Binh Duong branch and the investor of the Tan Dong Hiep social housing project shared the advantages, disadvantages, solutions, and support from the investor to meet the housing needs of low-income workers in the most convenient and complete way.
According to Mr. Bui Nguon Phong - investor of the Tan Dong Hiep social housing project, despite achieving successes in developing social housing and worker housing, it can be seen that up to now social housing and worker housing have only met a very small part of people's needs. The reason is that many investors are still not interested in building social housing projects such as: lack of land fund, difficulty accessing preferential loans, lengthy legal procedures and investors' profits being controlled. In addition, social housing buyers are also very difficult to access, because of constraints on beneficiary conditions such as income, place of residence, and insurance payment period.