Construction ministry to pay attention to social houses

There should be specific programmes to encourage investment in social houses, said the newly-elected Minister of Construction Trinh Dinh Dung.

Mr. Dung emphasized this in reply to reporters’ question on the sidelines of the on-going session of the 13th National Assembly.  He noted that the Party, State, and the Government have paid due attention to developing social houses by issuing favourable policies on the exemption or reduction of land-use fees and low interest rates.

Asked about the hot issues that need to be addressed in the coming tenure, the minister said it is necessary to complete the laws on investment and construction, make good use of natural resources, capital resources, and human resources and improve the effectiveness of using the capital to minimize losses and waste.

On the recent fluctuations in the real estate market, he said it is necessary to study the people’s demand carefully in order to maintain the balance between supply and demand.

The Minister attributed the gloomy housing market to different reasons, including price gauging that is still too high for customers. He stressed it is necessary to ensure the benefits of the entire people, the investors, and the community.

Regarding the master plan of the capital city, he said there should be specific programmes to realize it.

Mr. Dung also said his ministry will focus more on urban management to make it a driving force behind socio-economic development.

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