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December 5, 2021, 7:05 pm

Incomes fall for relocated families

(14:07:14 PM 13/02/2014)
(Tinmoitruong.vn) - The average incomes of families relocated to make way for social and economic development projects in HCM City have decreased slightly, posing a risk of unstable living conditions, the HCM City Institute for Development Studies has said following a study.

A part of a resettlement quarter in HCM City. The average income of families has decreased, posing the risk of unstable living conditions. — VNA/VNS Photo Van Khanh

The survey of nearly 500 households with 2,300 people moved out for projects undertaken between 2010 and 2013 in eight districts — 2, 9, 12, Binh Chanh, Can Gio, Cu Chi, Hoc Mon, and Binh Thanh — was done in November.

Their monthly incomes fell from VND11.7-97.5 million (US$550-4,600) to VND10.5-80 million after relocation, it found.

Nearly 30 per cent of households suffered a fall in income due to problems related to land loss and changes in business location, and only 14 per cent saw incomes increase, mostly due to bank interest on the compensation and relocation money.

Nearly 43 per cent of the 1,900 respondents aged 15 or above were unemployed.

Fourteen per cent of households said their business and working conditions were adversely affected due to the relocation while only 9 per cent said they had improved.

Tran Van Than, deputy head of the institute, suggested that policies related to land clearance and relocation should take into account all the aspects of life to ensure stable living conditions for relocated households.

A majority of affected households opted for compensation money instead of housing and lived in their old places to continue their businesses since most were manual workers or ran small service businesses, he added.

Source: VNS

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