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Figures from the People's Council meeting on Thursday that the committee provided showed that workers' rental demand by 2020 would be reduced by 83 per cent, as around 40,000 labourers working in industrial parks were expected to buy social housing and another 80,000 workers already have either a house or land.

In addition, the city will supplement areas reserved for resettlement houses and students during the period. Specifically, it plans to develop next year about 812,000sq. m for social housing, more than 95,000sq. m for rent and 60,000sq. m for students, as well as 221,000sq. m for resettlement and 2.4 million sq. m for commercial housing.

The city budget will be invested in social housing, resettlement and housing for students, as well as housing for poor households in rural areas. The city will also mobilise capital from investors taking part in the projects.

People's Committee vice chairman Vu Hong Khanh told the meeting that the city would inspect 312 public villas as well as land use practices in the housing areas, saying historic issues made the villas'management ineffective.

Asked about the land use issue and unfinished basic construction projects, People's Committee vice chairman Le Hong Son said the committee has sent documents to criticise the chairmen of six districts on the matter and also asked the localities to arrange capital for the completion of unfinished projects this year.

The city has sent out 12 investigating delegates to check land use and management on 875 projects, of which 579 were left out of the slow progress list.

It has agreed to extend by 12 months the deadline for 69 projects marred by slow implementation due to difficulties in planning and marketing.

The city has required the withdrawal of land use rights for 12 projects which have yet to begin construction more than a year after receiving their licenses. — VNS