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blue-check Project of housing for workers may allocate 20% of total land for construction of commercial houses

Official letter No. 1793/BXD-QLN dated May 24th, 2022 of the Ministry of Construction regarding construction of commercial houses
Posted: 31/5/2022 9:03:08 AM | Latest updated: 14/6/2022 1:42:10 PM (GMT+7) | LuatVietnam: 5469 | Vietlaw: 564
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Based on point b clause 8 Article 1 of Decree No. 49/2021/ND-CP, the Ministry of Construction assumes that with regard to a project on construction of houses for workers funded by other capital sources (not state capital sources), the investor may allocate 20% of total residential land of the project for construction of commercial houses in order to defray investment costs, reduce selling price, rent and lease purchase price of social houses.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 564
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Social housing