Representative of Phu Cuong Group speaking – Photo: VGP/Nhat Bac
At the National Online Conference on addressing difficulties and promoting the development of social housing, a representative of Phu Cuong Group shared that the Group has invested in a condominium project in Thu Duc City, Ho Chi Minh City, comprising 1,271 apartments. The project was completed within 4 months of paperwork, 18 months of construction, and 2 years to hand over the houses.
This is one of the fastest projects in terms of procedure, construction, and handover, highly appreciated for its quality, and recognized as a typical social housing project for the Ho Chi Minh City Police.
The representative of Phu Cuong Group added that recently, Ho Chi Minh City has shown determination in accelerating the progress of social housing development, organizing sessions to listen to enterprises’ concerns. This has helped boost the enterprises’ spirit and determination to expedite the implementation of projects. We hope that the Prime Minister and Ho Chi Minh City will pay more attention to speeding up the deployment of such projects.
Currently, Phu Cuong Group continues to develop projects for the Ministry of Public Security, such as a project on Nguyen Van Qua Street, District 12, with 1,000 apartments, and another project in Binh Duong with 4,000 apartments.
Phu Cuong Group’s main investment interest in Ho Chi Minh City is social housing. Although the city’s land fund is limited, there are many areas that have been left abandoned for a long time due to legal issues. The Group wishes for more harmonious policies, mechanisms, and solutions, as well as streamlined procedures. For example, the Ministry of Construction could propose a pilot project with expedited procedures to the Government, while also carrying out procedures concurrently with project implementation.
“If the Government, banks, and enterprises unite, we can not only achieve but also exceed expectations, bringing real benefits to society,” emphasized the representative of Phu Cuong Group.
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