Naya Pakistan Housing Programme: New developments reported in construction of low cost houses

Naya Pakistan Housing Programme: New developments reported in construction of low cost houses

ISLAMABAD - Prime Minister Imran Khan's five million low-cost houses for the underprivileged segment of society gets unprecedented response.

More than 40 companies have shown interest to join the government-led mega housing project.

As per reports, a total of 41 private firms have submitted proposals to the Federal Government Employees Housing Foundation (FGEHF) to become a partner in Pakistan Housing Program. ------------------------------

Offering an opportunity for a public-private joint venture, FGEHF had been asked to invite a proposal from the interested private companies having a land bank with technical and financial expertise.

The department gave an advertisement in the national newspapers, inviting proposals from the national and international private companies which have a piece of land, which should be free from all encumbrances.

The ad also mentioned that the piece of land should either be located on the main road or it should have access to the main roads with the provision of utilities, i.e. electricity, gas, water.

The housing foundation’s advertisement has so far attracted proposals from the 41 national and international private companies.