(BNP) - The completion of 3 additional long-term lease buildings under the Van Trung social housing project in Nenh ward contributes to expanding the housing fund for workers and laborers, step by step perfecting the social welfare infrastructure to serve industrial development in Bac Ninh province. On the morning of June 13, Fugiang Co., Ltd. held the inauguration ceremony and put into long-term lease utilization 3 buildings A11, A13, and A15 under the Van Trung social housing project.
Vice Chairman of the Provincial People's Committee Pham Van Thinh along with delegates cut the ribbon to inaugurate 3 buildings under the Van Trung social housing project.
Attending the ceremony was Member of the Standing Committee of the Provincial Party Committee and Vice Chairman of the Provincial People's Committee Pham Van Thinh, along with leaders representing several provincial departments, boards, and sectors.
The commencement of long-term lease operations for the three buildings marked an important step forward in realizing the Party and State's guidelines on social housing development, contributing to improving the quality of life for laborers and perfecting the social welfare infrastructure to serve industrial development in Bac Ninh province.
The three buildings were constructed on an area of about 2.84 hectares, consisting of 18 above-ground floors, 1 semi-basement, and 1 technical attic floor. Following the completion of investment, construction, and official acceptance procedures in compliance with regulations, the structures were fully qualified for operation and utilization.
According to the developer, the three buildings had a total of 283 apartments operated under the long-term lease model. The area of each apartment ranged from 68-70 m2; the buildings featured common community rooms and personal reception areas, meeting commercial apartment standards.
In the immediate future, the apartments would serve the housing needs of workers belonging to legal entities of Foxconn Group currently operating in Bac Ninh province. The apartments were comprehensively invested with technical infrastructure, fire prevention and fighting systems, security, landscaping, and essential utilities, creating a safe and convenient living environment for workers.
This was considered one of the appropriate rental social housing models for the specific industrial development characteristics of Bac Ninh province, which attracted hundreds of thousands of workers from both inside and outside the province to work.
Member of the Standing Committee of the Provincial Party Committee and Vice Chairman of the Provincial People's Committee Pham Van Thinh speaks at the inauguration ceremony.
At the ceremony, the leadership of Fugiang Co., Ltd. stated that developing social housing, especially long-term rental social housing, was a highly practical policy for localities experiencing high rates of industrialization.
When workers were guaranteed stable living conditions and accommodation, businesses also gained better conditions to stabilize human resources, improve labor productivity, and achieve sustainable development.
The enterprise representative highly appreciated the close guidance of Bac Ninh provincial leaders along with the active coordination and support of departments, sectors, and localities throughout the project implementation process. This was a crucial factor that helped the project proceed smoothly, ensuring the required progress and quality.
Speaking at the ceremony, Mr. Pham Van Thinh congratulated Fugiang Co., Ltd., the consulting and construction units, and all officials, engineers, and workers who exerted efforts to complete the construction, ensuring quality and utilization conditions as prescribed.
He stated that, implementing Notice No. 64-TB/VPTW dated May 22, 2026, of the Central Party Office on the Conclusions of General Secretary and President To Lam, and Notice No. 286/TB-VPCP dated June 4, 2026, of Prime Minister Le Minh Hung, the Bac Ninh Provincial People's Committee coordinated with Fugiang Co., Ltd. to hold the inauguration ceremony for 3 social housing buildings under the Van Trung social housing project to serve rental demands in industrial parks.
Vice Chairman of the Provincial People's Committee Pham Van Thinh presents congratulatory flowers.
The event was not only a source of joy for the developer and the workers about to benefit from the project but also a concrete result in implementing the Party and State's guidelines and policies on social housing development. It contributed to the realization of the Scheme to invest in building at least 1 million social housing apartments for low-income earners and industrial park workers during the 2021 - 2030 period under the Government's direction.
The completion and utilization of the 3 buildings carried particularly important meaning, contributing to expanding the rental social housing fund in the province and meeting the accommodation needs of domestic and foreign laborers working in industrial parks.
Particularly, the project bore deep socio-political significance as it directly followed and materialized the core guiding perspectives of General Secretary To Lam regarding the strong development of the long-term rental housing model.
In the spirit of the General Secretary's guidance, developing rental housing was not merely a social welfare solution but must be identified as a core pillar in the current and future housing development policy of the country. This was a powerful, fundamental shift in mindset and approach, moving from focusing on supporting citizens to own housing to centering on ensuring citizens' rights to lawful, safe, and civilized accommodation.
Vice Chairman of the Provincial People's Committee Pham Van Thinh emphasized that Bac Ninh was one of the country's major industrial centers with a very large number of workers and laborers working in industrial parks. The demand for housing, especially social housing with a safe and civilized living environment, was always an issue of special concern for the province. In the context of the current competition to attract high-quality investment flows, developing this segment brought long-term strategic values for the locality.
Developing long-term rental housing was a key solution to enhance the province's competitiveness. A civilized, stable, and reasonably priced rental housing ecosystem would serve as a powerful "magnet" helping Bac Ninh attract and retain young labor resources, engineers, and qualified experts to work and dedicate themselves long-term. This was precisely the decisive human resource to create a breakthrough for the province's high-tech industries.
This model significantly contributed to step by step bringing real estate back to its primary function as a means of production. Thereby, it would clearly reduce speculative elements in housing and residential land assets, releasing resources for the economy while helping achieve the ultimate humanitarian goal: Every citizen had housing suitable to their conditions.
Fugiang Co., Ltd. performs the ritual of handing over the lease contracts and apartments to the utilizing unit.
On behalf of the leadership of Bac Ninh province, Mr. Pham Van Thinh acknowledged and highly appreciated the active contributions of Fugiang Co., Ltd. toward social housing development in general and rental social housing in the province in particular.
He expressed his hope that the enterprise would continue to promote its spirit of social responsibility, coordinate closely with functional agencies in operational management and building maintenance, and execute the leasing and usage of social housing for the right subjects openly, transparently, and in accordance with legal regulations. At the same time, the company should urgently accelerate the implementation pace of the remaining phases of the project.
On the local side, to realize this strategic vision, following this project, the province would drastically deploy many rental housing projects and was currently actively allocating land funds at convenient locations with synchronized infrastructure connectivity to prioritize the development of this product. For newly deployed social housing projects in the area, the province would resolutely require raising the rental housing ratio above the current minimum level of 20% to ensure long-term supply for society.
Mr. Pham Van Thinh requested departments, sectors, and localities to continue accompanying enterprises, promote administrative procedure reform, untangle difficulties and obstacles, and create the most favorable conditions for social housing and rental housing projects to continue being effectively implemented in the coming time.
The inauguration and commencement of long-term lease operations for the 3 buildings was a milestone of important significance, demonstrating the determination of Bac Ninh province in caring for laborers' lives, building a civilized, modern living environment, and developing sustainably.
On this occasion, Fugiang Co., Ltd. performed the ritual of handing over the lease contracts and apartments to the utilizing unit, officially putting buildings A11, A13, and A15 into operation and exploitation./.
