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Lack of capital, most rental housing project in Hanoi delayed

Most construction projects for student housing, hiring workers were behind schedule, many projects have halted due to lack of capital deployment.

On 30/7, in the review meeting, review the implementation of investment projects in building social housing has been the city People's Committee approved the policy, investment projects (except projects was put to use), Department of Civil Engineering, said today on the city about 34 projects (approximately 2.816.798m2 floor) are deployed but not yet completed the entire project to put into advantage.

Specifically, of the 34 social housing projects in the city have 6 investment projects to build student dormitories, housing is expected to settle around 39 866 students; 5 investment projects to build houses for workers, with about 314 374 m2 of construction, meet for 25 304 workers; 23 projects in low-income housing (including social housing project to be converted from commercial houses) with about 2.133.431m2 floor construction, equivalent to 21 412 units.

Under Construction, 6 out both housing construction projects students are behind schedule due to lack of investment and adjustment projects.

The project focuses dormitories at My Dinh II are missing more than 78 billion worth construction volume has been approved to allocate funds from the budget to complete the project finalization, soon put into use use; loose capital equipment (tables, chairs, beds, cupboards ...) 31.6 billion is supplemented by the method of socialization.

Project focus areas Phap Van-Tu Hiep also "call" lack of nearly 700 billion to complete 5 blocks.

The project at the University of Forestry lacks 60 billion to perfection and are applying for adjustment of projects funded by the Ministry of Agriculture and Rural Development, University of Electric Power (base II in Care Son) shortage of 111.22 billion; National Academy of Politics and Ho Chi Minh was halted due to lack of capital projects (about 23 billion); Pedagogical University Hanoi 33.64 billion shortfall to complete the project.

Housing for workers, the city has 5 projects, pilot projects so far in Kim Chung Commune, Dong Anh district was completed and put into use. However, the project still lacks the social infrastructure and does not have empty seats 2,700 workers hired in, wasting, deterioration.

Worker housing project in Phu Nghia Industrial Zone, Chuong My district has completed 1/10 of the building and put into use, the investors are continuing to implement the remaining buildings but difficult to investment. Or investment in housing construction workers in smut, Thach Industrial Park-Quoc Oai, investors are completing investment procedures and seek long-term capital to win 5/2015 construction start add one more building up.

Construction Project 3 apartment buildings (floors 9-12) at CT5 plot of new urban areas by Kim Chung Investment Corporation Hanoi Housing Development and as investors also are embroiled in ground clearance by lack of funds and project implementation; proposed manufacturing enterprises in the industrial park workers supported housing improvements.

The project to build housing for workers in South Phu Xuyen Industrial Complex are in the preparation stage investments, conduct site clearance and construction of infrastructure in industrial clusters.

For 23 investment projects to build low-income housing, Construction, said investors are actively implementing a number of projects were completed procedures to prepare investment.

The majority of investors in the project are low-income housing commitment completion schedule set, but there are a number of projects implemented too slowly, for instance the construction project income housing low in the new urban area Thanh Lam, University Thinh by HUD as an investor (new project clearance is done, the investor is completing the remaining legal procedures, not starting a project); housing projects for low-income people in the plots, CT3, CT4 new urban Kim Chung (East England) as well as an investor Hadinco problems of clearance; investment projects to build housing for low-income people in the plot of N07-1 and N07-2 (50% of the fund) of Sai Dong new urban areas by Construction JSC No. 3 Hanoi master top from slow deployment over 2 years and still perform procedures to apply for planning permission.

Prior to the difficulties and problems of the investors in the process of implementing the project for student housing, housing for workers, especially the shortage of investment capital, Vice President Municipal People's Committee Nguyen Ngoc Tuan Ha Noi suggested departments involved early studies, the report proposed city layout solutions lack the capital and allows adjustment of the project; and expeditiously review and approve rates for rent at 02 students dormitory project focused in August this year to be able to put on the student.

City Building Department also delivered and Finance discussed and agreed with the line ministries in charge of the school, the investor model building, how to manage that effectively, as appropriate.

Vice President Nguyen Ngoc Tuan City Building proposal Department working specifically with the management boards of industrial parks and export processing determine the actual needs of the workers to come to a settlement, investment and construction.

City special note to investors, management unit should develop a comprehensive system of social infrastructures, ensuring accommodation, convenient living for workers and students and students. Besides, the city calls, encouraging self-invested enterprises build houses for workers.

For 23 investment projects to build housing for low-income people, Vice President Nguyen Ngoc Tuan require investors to focus on improving the capacity and responsibility to ensure the implementation of commitments on schedule to avoid wasteful, and to gain time for the people to benefit the preferential policies of the state and city.

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