Official Groundbreaking: Tien Duong 1 Social Housing Project to Use Green Materials
On the morning of December 19, the Hanoi People’s Committee organized the groundbreaking ceremony for the Tien Duong 1 social housing project in Phuc Thinh Commune (formerly part of Dong Anh District). The project is being implemented by a consortium consisting of Viglacera Corporation, Hoang Thanh Infrastructure Investment and Development Joint Stock Company, and Central Construction Joint Stock Company as investors. The Tien Duong 1 project is the first standalone social housing area of the capital city of Hanoi; once completed, it is expected to provide 3,103 apartments for residents. The project covers an area of nearly 45 hectares, with a total investment of more than VND 9.3 trillion, of which nearly VND 617 billion is allocated for compensation and resettlement. The land fund reserved for social housing construction is more than 13 hectares, while that for commercial housing is over 3.3 hectares.
