Từ khóa: #old apartment buildings

Ho Chi Minh City currently has 474 old apartment buildings in all districts and many of them are severely degraded as their blocks' paints have been peeling. The city government wanted to repair or build new ones. According to urban experts, the city has mechanisms and policies to attract investment capital and ensure the interests of residents in old buildings.

Urban experts say that there should be solutions to generate capital from many sources because renovation of old apartments can neither depend on private investors, expecting them to renovate and build new apartments nor depend on the state budget when so many old apartment buildings need to be renovated.