ISLAMABAD – An Egyptian company has offered to provide financial andtechnical assistance to Pakistan for building housing units in the federalcapital to accommodate slum dwellers living in four Katchi Abadis.
This is one of the key areas that came under discussion during a meetingbetween Prime Minister Imran Khan and Executive Chairman Orascom TelecomMedia and Technology Naguib Sawiris, PM’s Special Adviser on OverseasPakistanis Sayed Zulfikar Abbas Bukhari told the media.
He said that Sawiris will hold meetings with the officials of housingministry and other relevant stakeholders to materialize this initiative assoon as possible.
The government will construct flats or high-rise buildings for one KatchiAbadi in the first phase to solicit other slum dwellers’ trust, he added.
This (housing) is one of the promises made by PTI during its electioncampaign of 2018, which is going to be fulfilled, the special assistantsaid and pointed out that Sawiris would be the first foreign businessman tosupport the government in offering lavish flats to people from the slums.
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The special assistant said that Sawiris had shown keenness to invest indiverse fields like mining, tourism, low- and high-cost housing units andmicro banking. Around $2 billion is expected from the Egyptian company inmultiple sectors.
Bukhari said that the establishment of tourism cities in Pakistan was alsoon the cards, adding that the initiative will be launched from KhyberPakhtunkhwa and Punjab.
To a query, he said that the government will promote reward and punishmentculture in bureaucracy to encourage bureaucrats to take necessary stepsaimed at improving their efficiency.
