Creating a clean land fund to attract social housing investment
Dung Quat Economic Zone and Industrial Parks in the province are creating jobs for more than 81,000 workers, leading to a very large demand for housing for workers and low-income people.
However, while the demand for housing is increasing, most workers still have difficulty accessing commercial housing due to high costs. Therefore, developing social housing is not only an urgent requirement.
Mr. Nguyen Phuc Nhan - Director of the Department of Construction - said that to attract and develop social housing effectively, one of the key factors is to create a clean land fund, with convenient locations and synchronous infrastructure.
Proactively creating clean land funds and synchronously investing in technical infrastructure not only helps businesses reduce cost pressure and shorten investment preparation time, but also creates great attraction for investors to participate in social housing development.
Currently, Quang Ngai province has licensed the implementation of 3 social housing projects with a total scale of more than 2,100 apartments.
In which, the Social Housing project in Phu My New Urban Area, invested by Housing and Urban Development Investment Corporation (HUD), has an area of 1.55ha, including 296 apartments with a total investment of about 345 billion VND, meeting the housing needs for a population of about 800 people. The project started in December 2025.
Representatives of the leadership of Housing and Urban Development Investment Corporation (HUD) said that so far, the project has completed ground leveling and test piles. The investor is implementing procedures to select construction contractors and supervision consultants.
It is expected that in June 2026, the project will construct the foundation of Tower A, striving to complete the entire foundation by the end of the fourth quarter of 2026 and deploy part of the body of the project.
According to the plan, block A with 152 apartments will be completed and handed over in 2027; block B will continue to be completed with the remaining 144 apartments in 2028. The investor strives to complete the entire project and put it into use in the fourth quarter of 2028.
In addition, the Trade Union Social Housing project in Tho Phong commune, invested by the Vietnam General Confederation of Labor, has a scale of about 603 apartments, with a total investment of more than 597 billion VND, expected to start construction in the second quarter of 2026.
In addition, the social housing project at Quang Ngai Trade Union Facilities in Tho Phong commune, invested by the Joint Venture of Saigon Thuan Phuoc Green Real Estate JSC and VJCO Group JSC, is also completing legal procedures to deploy construction with a scale of about 1,209 apartments. The project was started on May 19, 2026.
Many support policies for businesses
According to Mr. Nguyen Cong Hoang - Vice Chairman of Quang Ngai Provincial People's Committee, the province has approved the Urban Housing Development Program and the Housing Development Plan to 2030, in which the key task is clearly identified as reviewing planning, arranging and preparing clean land funds to attract investors.
Investment procedures are reviewed, reducing intermediaries to the maximum, thereby shortening about 50% of the dossier processing time compared to the normal process.
In parallel with administrative procedure reform, the province also implements many support policies for businesses participating in social housing investment, such as 100% support for site clearance costs and 70% support for investment in building technical infrastructure systems.
Departments and sectors of the province are actively coordinating with investors of 3 projects that have been granted investment policies to remove procedures related to land allocation, site clearance and technical infrastructure investment, in order to accelerate the project implementation progress.
