Government’s plan to develop public housing takes on shape
Phnom Penh’s public housing policy, aimed to provide affordable housing for the middle income class and low income class, is expected to boost the construction sector in Cambodia as an increased population and rapid urbanisation is expected to create a demand of more than a million new homes by 2030, according to a draft national policy announced this past year.
Through the policy, the government will work with private developers, investors and banks in providing affordable housing for low to middle income families, said Seng Lot, spokesperson for the Ministry of Land Management, Urban Planning and Construction, adding that officials are being trained from a national to sub-national level on the policy, as well as working with international partners to increase support and regulation over the implementation of the policy. …
Chan Muyhong
http://www.phnompenhpost.com/real-estate/governments-plan-develop-public-housing-takes-shape
