Tibet to allocate $62 mn for low-cost housing

March 22nd, 2008 - 1:03 pm ICT by admin  

Lhasa, March 22 (Xinhua) China will allocate around 465 million yuan ($62 million) for low-cost housing in Tibet to improve living standards, mainly for the low-income households. “The money will be used to build 4,560 houses, which are to be completed by the end of this year, with a floor space totalling 200,000 square meters,” said Chen Jin, head of the Tibet construction department.

“Increasing investment in real estate has given people varied choices, such as low-rent houses, apartments, condos and townhouses,” Chen said.

The per capita housing space for urban residents stands at 25.5 sq m. The area for farmers and herdsmen has reached 36.4 sq m, compared with 16.8 sq m before 2006, according to statistics from the department.

In the county of Gongbo’Gyamda, Nyingchi, the local authority is carrying out a project to build brick houses for farmers and herdsmen who now live in rundown wood-and-earth structures.

Tibet plans to provide housing for 52,000 farmers and herders this year, as part of a project that began in 2006 to build homes for 220,000 households.

The project, once completed, would mean housing for 80 percent of the region’s farmers and herders by the end of 2010, Chen said.

Since 2006, the regional government has invested 6.6 billion yuan in the housing project, which benefited 570,000 farmers and herders from 112,000 households.

This year, the government will earmark 676.5 million yuan to help 52,000 farming and herding households move into brick houses and settle down from their nomadic existence.

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