This information was assessed by the Ho Chi Minh City People's Committee in the Summary Report of the emulation movement for urban beautification and development in the City for the period 2022 - 2025.
According to the report, in the period of 2021 - 2025, the City set a target of compensating and relocating 6,500 dilapidated houses along canals. However, up to now, the City has only relocated 2,984 houses out of a total of 6,500 houses.
It is expected that by the end of 2025, the City will compensate and relocate 5,548 houses, reaching 85.35% of the set target.
 |
| Ho Chi Minh City still has nearly 40,000 dilapidated houses along the canal that have not been cleared - Photo: Le Toan |
According to the assessment of the Ho Chi Minh City People's Committee, the projects to relocate houses along canals are mainly implemented from the budget. However, because the budget must prioritize projects with cleared land or urgent projects, many projects to relocate houses along canals have had to be temporarily suspended or have not been able to start due to lack of capital allocation.
Although the City has a policy of inviting private investment, businesses are not interested because most projects to relocate houses along canals have a large proportion of compensation and site clearance costs.
Another barrier lies in the “non-commercial” nature of these projects. Unlike new urban areas or key traffic routes that can generate profits from land after clearance, most projects along canals only serve the purpose of infrastructure improvement, environmental protection and community service.
Therefore, the inability to open up the land for renovation and the lack of commercial exploitation area after relocation make these projects less attractive to investors.
According to statistics from the Ho Chi Minh City Department of Construction, the city currently has 39,600 houses along rivers and canals that have not been relocated. The city aims to complete the relocation of dilapidated houses along canals by 2030 with a capital of more than VND220,000 billion.
To attract private enterprises to participate, the City plans to auction land funds after site clearance to generate revenue for the project.
According to preliminary calculations, after clearance, these lands can generate revenue of up to 164,111 billion VND. In addition to public capital, the City also proactively calls for private investment to participate in the construction of social housing and resettlement houses under the form of public-private partnership (PPP).
Accordingly, investors can participate in design, construction, exploitation and re-leasing according to preferential policies prescribed by the State. This method not only helps Ho Chi Minh City mobilize social resources, but also reduces pressure on the State budget.
Source: https://baodautu.vn/tphcm-cac-du-an-di-doi-nha-ven-kenh-rach-chua-hap-dan-nha-dau-tu-d333628.html
Comment (0)