IN 2020, CONSTRUCTION INDUSTRY SETS A GOAL TO GROWN FROM 9 - 10%

This goal was presented by a representative of the Ministry of Construction at a press conference to evaluate the performance of the tasks in 2019 and to deploy the tasks and plans for the construction industry in 2020 on 02/02/2020.

A report of the Ministry of Construction shows that, in 2019, the growth rate of the whole industry will reach 9 - 9.2%; The urbanization rate of the whole country reached about 39.2%, an increase of 0.8% compared to 2018.

Total housing area increased by about 50 million m2 of floor; total cement consumption consumed about 98 million tons, reached the plan and increased 3 million tons compared to 2018; brick production reached 26 billion bricks (standardized) as planned and equivalent to 2018.

The report of the Ministry of Construction also highlighted a number of shortcomings that need to be overcome. Specifically, the progress of drafting some legal documents and some projects is still behind schedule; The monitoring and evaluation of the impact of mechanisms and policies have content that does not meet the requirements.

Regarding the real estate market, the Ministry of Construction assesses the market showing signs of shortage of supply not only in the social housing segment. The situation of real estate business activities violates the provisions of law such as advertising, untruthful information to raise prices, violating planning, dividing lots and selling ground in contravention of regulations. Unburnt construction materials develop slowly; the progress in promoting the handling of ash and slag, gypsum industrial waste and construction materials is slow, the treatment output is low compared to the set plan ...

In 2020, a representative of the Ministry of Construction said that the construction industry aims to: The value of construction production of the whole industry (at current prices) will increase by 9-10% compared to 2019. The rate of urbanization will reach about 40%.

To accomplish the above objective, the construction industry continues to implement the program of elaborating legal documents to ensure the schedule, quality, and raise the quality of legal documents; closely coordinate with the concerned ministries and branches in formulating policies on investment management, bidding, investment models, especially public-private partnership (PPP) forms as a basis for implementing construction investment projects in the coming time.

Source: Tâm An