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China to Renovate 2.65m Rural Run-Down Houses

iconJun 8, 2011 10:25
Source:SMM

BEIJING, Jun. 8 -- China plans to renovate 2.65 million dilapidated houses for poor rural households in the central and western regions this year, the Ministry of Housing and Urban-Rural Development (MOHURD) said Monday.

The government will first renovate 200,000 houses of poor farmers living along the country's borders, said the MOHURD.

Also, 90,000 dilapidated houses will be renovated into energy-efficient housing units in northeast, northwest and north China and Tibet autonomous region as well, it added.

The government will allocate up to 8,000 yuan ($1,234) for each household to subsidize the project.

In March, the government earmarked 10 billion yuan in the first subsidizing phase, according to the MOHURD.
 

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