Nearly 60 investors join Dong Nai’s expanded SH land drive

Decision No. 973/QD-UBND dated March 23, 2026, issued by the Dong Nai Provincial People’s Committee approving adjustments to the 2021–2030 Housing Development Program, has provided a strong boost to the social housing (SH) segment. Notably, a list of SH projects covering nearly 333 hectares has been approved, attracting close to 60 investors to participate in implementation, opening up strong prospects for stable settlement for low-income residents and workers.

An employee of Chuong Duong Homeland Joint Stock Company assists customers at a consultation and application center for SH. Photo: Viet Cuong

According to Decision 973, Dong Nai aims to complete at least 67,010 SH units by 2030, equivalent to more than 4.1 million square meters of floor area. To achieve this target, the province has proactively planned a land bank exceeding 800 hectares for SH development throughout the period, while publicly announcing project portfolios to attract business investment.

Policy credit: A lever for housing stability

At present, a list of approved SH projects covers nearly 333 hectares, concentrated in key localities such as Bien Hoa, Long Thanh, Nhon Trach, and Trang Bom, areas with a high density of industrial zones and significant demand for worker housing.

The mobilization of nearly 60 investors to develop SH highlights the segment's growing appeal and reflects the effectiveness of the province's preferential policies and administrative procedure reforms.

Beyond scale, these SH projects are oriented toward integrated development of both technical and social infrastructure, aligned with modern urban planning, climate adaptation, and the promotion of green and smart housing models.

The Dong Nai Branch of the Vietnam Bank for Social Policies (VBSP) plays a pivotal role in enabling low-income households to access housing. Through direct lending schemes, buyers can borrow up to 80% of the contract value, with a preferential interest rate of 5.4% per year and a maximum loan term of 25 years.

A model of the Long Binh Tan SH project in Long Hung ward. Photo: Viet Cuong

In 2025 alone, the bank disbursed over 208 billion VND to 490 borrowers; in the first quarter of 2026, an additional 51 billion VND was provided to 88 borrowers. By the end of March 2026, total outstanding loans reached 616 billion VND, benefiting 1,425 customers and significantly improving housing conditions for many households.

According to Vo Trong Hoa, Deputy Director of the Dong Nai Branch of VBSP, the bank will continue to coordinate with relevant agencies, localities, and investors to assess demand, allocate capital, and enhance communication efforts to ensure that citizens can access policies quickly and transparently, helping them “settle down and build prosperous livelihoods.”

From land planning and investment attraction to the rollout of preferential credit, Dong Nai is gradually building a synchronized and sustainable ecosystem for SH development. However, to achieve the target of more than 67,000 units by 2030, further efforts are needed to address bottlenecks in procedures, capital, and coordination mechanisms.

Enterprises step in: From policy to practice

Alongside state resources, enterprise participation is a decisive factor in turning SH development goals into reality. Several large-scale projects have already been launched or are under implementation, helping address workers' housing needs.

Construction of the Long Binh Tan SH project. Photo: Viet Cuong

A notable example is Chuong Duong Homeland Joint Stock Company, one of the investors actively developing SH projects in the province. The company is currently implementing the Eco Residence project in Long Hung ward, along with another SH project in Long Binh ward. The Eco Residence SH project alone comprises three 20-story buildings with 1,098 apartments, ranging in size from 43 to nearly 65 square meters, targeting workers and low-income earners.

Together, these projects are expected to deliver nearly 2,500 housing units, directly contributing to the province’s SH targets while addressing urgent housing demand in key industrial zones.

“To reduce costs, the developer applies green building designs, optimizes materials, and adopts technology to minimize operating expenses, thereby improving affordability for low-income buyers,” said To Thi Thuy, General Director of Chuong Duong Homeland Joint Stock Company.

By Viet Cuong – Translated by Minh Hong, Minho