The Quỳnh Lôi old residential apartment building has been seriously degraded. But the restoration of old and degraded apartment buildings in the inner city has faced obstacles such as height limits, limiting their ability to attract investment. – VNS Photo Trương Vị Viet Nam News HÀ NỘI – The Hà Nội People’s Committee wants special powers to help restore old buildings. They have asked the Ministry of Construction to put their proposals to the Government in the hope of easing difficulties with building projects. Under the current regulations on construction and planning management, the restoration of old and degraded apartment buildings in the inner city’s four districts of Ba Đình, Hoàn Kiếm, Đống Đa and Hai Bà Trưng has faced obstacles such as height limits, limiting their ability to attract investment. The authority wants the Central Government to award it mechanisms in accordance with the reality of the capital so as to remove obstacles to renovation and construction activities. This would help ensure the feasibility of projects and interests between the State, the people and investors. The committee asked to be given permission to grant licenses for projects initiated by the municipal authority. The committee wanted to be allowed to shift some projects from commercial housing to social housing to meet reallocation demands. Adjusting construction areas of commercial and social housing projects which have up to 500 apartments and evaluating projects up to 2,500 apartments would help cut administrative procedures. The municipal committee said that adjusting the rate of investment… [Read full story]
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