ISLAMABAD- Prime Minister Imran Khan has said Pakistan is on the tipping point to be taken forward on the path of progress and development.
He was addressing a ceremony in connection with inauguration of Ravi Urban Development Authority in Lahore today (Friday).
The Prime Minister said incentives have been given to the construction sector and Naya Pakistan Housing Project and promotion of construction sector will also support forty other allied industries.
He said a new city equipped with latest facilities will be established near Lahore costing five trillion rupees.
There will also be investment of private sector in it.
The Prime Minister said it is our utmost effort to kick start work on the new city project at the earliest.
He said this is the second biggest project after Islamabad which will create job opportunities and wealth.
Imran said there is a big opportunity for our overseas Pakistanis to invest in this historic project.
Alluding to the problems faced by Lahore due to unplanned settlements, the Prime Minister said vertical buildings will be constructed in the new city in order to ensure that basic amenities reach every person.
He said millions of trees will also be planted in the city to protect the environment.