|The Thanh Da apartment complex .—File Photo
HCM CITY (VNS) — The Binh Thanh District People's Committee in HCM City is to relocate nearly 300 households in two delapidated buildings in the Thanh Da apartment complex by the end of June.
The two apartment buildings, block IV and block VI, have begun to sink and now lean towards one another. Residents will be relocated to a 1,050-apartment building in Binh Thanh's Ward 12.
Speaking at a meeting held on Thursday, Duong Hong Thang, deputy chairman of the Binh Thanh District People's Committee, said the urgent relocation had been organised because the two blocks were in danger of collapse.
The district will publicise an official relocation plan by March 25.
Each relocated household will be given VND6 million (US$280) to cover the transport cost of relocation.
Thang said the Binh Thanh District People's Committee was calling on investors to rebuild the two blocks.
The HCM City People's Committee has assigned responsibility to the district for rebuilding the two blocks within the next three years, he said.
The district has also begun a project to prevent river erosion in the Thanh Da area and help rebuilt-apartment buildings, Thang said.
Since 1996 the HCM City People's Committee has been planning to relocate households at the two blocks, but it has proven difficult finding investors as the potential profits are small.
The Thanh Da apartment building complex, which was one of the city's first apartment buildings, was built in 1960's and has 22 blocks on a total area of 22.7ha. Each apartment in the complex has an average area of 80sq.m —VNS