Wednesday, October 10, 2018

PM Imran Khan launches Naya Pakistan Housing Program

ISLAMABAD: Prime Minister Imran Khan has inaugurated New Pakistan Housing Program at a ceremony in Islamabad today. The inauguration of the project is part of government's election manifesto of constructing five million houses for the shelterless people in its five year tenure.“One country wants to invest USD20 in the housing industry in Pakistan,” Prime Minister Khan said. “Inshahullah, we will steer Pakistan out of crises. It’s a difficult time for us but this too will phase soon,” he said. The prime minister said that he would devise a roadmap to address the challenges being faced by the country. “The housing scheme is our real scheme. At least 40 industries are directly related with the housing scheme. When we launch the project, all these industries will benefit from it,” he said. "Our target is to build five million affordable houses in five years.  Only ordinary people will benefit from this scheme," Khan said. "A common  man who can never think of owning his house is our target. And our second target is to provide employment opportunities to our jobless youth," he said, adding that 40 industries were directly linked with the housing project. "We will encourage youth to set up their own construction companies to be part of this  initiative," the premier said. Khan said that skill development program would also be launched to help youth benefit from the project. The prime minister  noted that 80 percent of American population build their homes through loans. He announced that Naya Pakistan Housing Authority would be set up to provide one-window operation to investors. "The authority will facilitate the process," he said, adding he would himself supervise the project. The authority, he said, would be formed in 90 days. In addition, a 17-member task force would be set up to help run it. The prime minister said that government would only provide land while the rest would be done by private sector. 

from The News International - National https://ift.tt/2yaW2g3
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