The draft resolution proposes mechanisms to support investors if they implement social housing construction projects without using public investment capital or trade union financial sources.
Ho Chi Minh City will provide budgetary support to invest in technical infrastructure systems outside the project scope to ensure connectivity synchronized with the area's infrastructure.
Investors will be exempt from fees regarding environmental impact assessment report, dossier appraisal for granting land use rights certification and construction permit.
The Ho Chi Minh City Department of Construction said that the development of a resolution establishing specific mechanisms aligned with localities aims to support investors in implementing social housing construction projects citywide.
That will contribute to achieving the social housing development targets according to the approved housing development programs and plans.
The draft resolution is based on new provisions in the Housing Law 2023 and the urgent need for social housing in Ho Chi Minh City.
