Households along HCM City canals can’t afford resettlement apartmentsResidents living along canals in HCM City’s District 4 cannot afford to buy “relocation” apartments since their prices exceed the compensation they will receive, according to reports. The issue was raised at a city People’s Committee meeting to assess urban renovation and development plans for 2016-20, Thanh Nien (Young people) newspaper said. The second group includes six public-private-partnership projects and 6,223 households will be relocated and paid VNĐ19 trillion. The city planning and architecture department admitted that the relocation of families living along canals was a difficult task for the city. Nguyen Thành Phong, chairman of the city People’s Committee, said local administrations should find ways to improve people’s living conditions and relocate them.

Source: VietNamNet News May 21, 2018 03:33 UTC