The Hanoi People’s Committee has issued a decision approving the outline for a task of devising the capital’s housing development programme for 2021-2030, with vision towards 2040.

Illustrative photo (Source: VNA)

The programme aims at realising the Resolution of the Hanoi Party Organisation’s 17th Congress for the 2020-2025 tenure and identifying new criteria for the work in line with the local master plan for socio-economic growth to 2030 approved by the Prime Minister.

Accordingly, the city will conduct surveys and assessments regarding the current situation of commercial housing, social housing, resettlement housing, official residence and private housing in urban and rural areas. It will set goals for housing development and make forecasts on demand for housing among social welfare beneficiaries.

The programme will identify local demand for houses and land areas to build different types of housing in the city and links between housing and urban development, among other things.

Hanoi hopes to build a system of suitable solutions to ensure sustainable, modern, and climate change-adaptive housing development, as a basis for the management and implementation of related projects, investment attraction, and the healthy growth of the real estate sector.