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KOICA helps Vietnam build social housing policy

The Ministry of Construction and the Korean International Cooperation Agency (KOICA) have signed a minutes of discussion on the technical assistance project for building policies on social housing in Vietnam in 2021-2030.
KOICA helps Vietnam build social housing policy ảnh 1At the signing ceremony (Source: VNA)

Hanoi (VNA) - The Ministry of Construction and the Korean International Cooperation Agency (KOICA) havesigned a minutes of discussion on the technical assistance project for buildingpolicies on social housing in Vietnam in 2021-2030.

Speaking at the signing ceremony in Hanoi on February 8, Deputy Minister ofConstruction Phan Thi My Linh said KOICA has effectively cooperated with the ministry’s Housing and Property Market ManagementDepartment – the beneficiary of the project, to reach consensus on majorcontents of the document.

The project is vital to the ministry’s State management work in the housingfield, especially in the context that the ministry plans to revise the HousingLaw and outline the national strategy of social housing development in2018-2020, Linh stressed.

She hoped KOIKA will share its experience and support the ministry and thedepartment in amending the Housing Law and in building policies on socialhousing.  

The project will make it easy for the Government to devise appropriate polices,standards and regulations on social housing, towards benefiting low-incomepeople, she said.

Director of KOICA Vietnam OfficeKim Jin-oh highlighted that the signing is a good beginning of cooperation betweenKOICA and Vietnam’s Ministry of Construction in 2018, expressing his hope that thetwo sides will coordinate more effectively in the coming time.

According to Kim Jin-oh, both sides reached consensus on the main contents ofthe project, which is very meaningful to Vietnam’s social housing development policybuilding.

With its experience, KOICA will promote the effective implementation of theproject, he said./.
VNA

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