Breaking barriers for 1 million social housing units to reach the finish line by 2030

Lê Thanh Phong |

The project to invest in the construction of at least 1 million social housing apartments needs to be accelerated, otherwise it will not achieve the target within the next 5 years. Many localities have not yet built a single social housing unit, which is alarming.

The enterprise cannot implement the project due to procedures and prolonged shelving of the project. Not every locality causes difficulties for businesses, but it is necessary to properly carry out the procedures according to regulations related to land and investment. Of course, there are also cases where officials are afraid of responsibility, leading to stagnation of social housing projects.

Building social housing is to create products to provide for the poor and workers, so the criterion is to have cheap prices. To have cheap prices, there must be support for investors in land funds, limit procedure costs, and eliminate unnamed costs. In particular, investors must access sufficient preferential capital to implement the construction and completion of the project.

At the Permanent Conference of the Government Working with State-owned Enterprises held on February 27, Politburo member and Prime Minister Pham Minh Chinh emphasized that it is necessary to prioritize social housing first before commercial housing, our social policies are like that, and this must be clearly defined.

For social housing projects to be implemented quickly, there must be special mechanisms and policies to remove existing obstacles. In addition to specific policies, localities need to proactively remove barriers in the administrative system, "ship" businesses such as passing the ball from one department to another, causing businesses to lose costs and time. This is the desire of the business community, if there are appropriate policies, businesses are ready to participate.

When there is support with specific policies and capital incentives, businesses must make high-quality products. Social housing projects are not only a place to live but also many other living needs, convenient transportation, full utility services, near schools, medical facilities, and sports centers.

Building a residential area to serve people must meet the standards of life suitable for a civilized society. Cheap prices are due to the presence of state support policies such as land allocation without land fees and many other forms of support.

Society is developing more and more, people have high demand, don't complete a housing project and then a few years later it will be outdated.

Lê Thanh Phong
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