Prime Minister Imran Khan has said construction of affordable housing initiative will not only provide shelter to the homeless but also generate huge economic activity.
He was chairing a meeting to review progress on formulation of a roadmap for construction of five million houses across the country in Islamabad on Monday.
He said the initiative will also provide millions of jobs and will boost all associated industries of the housing sector.
Secretary Housing briefed the Prime Minister about the annual demand and shortfall in the housing sector.
Imran Khan said that provision of five million housing, equipped with all basic facilities and regularization of slums is a foremost priority of the Government.
He said besides the availability of vast state lands across the country, utilization of prime lands of the state guest houses and other government owned properties in Punjab and Khyber Pakhtunkhwa alone could generate billions of rupees for five million Housing Scheme .
Prime Minister directed the committee to finalize its recommendations regarding formulation of a comprehensive plan of action with delineated timelines within two weeks for early roll out of the Housing Program.
The meeting decided that the Prime Minister will take ownership of the initiative in order to ensure smooth implementation and removing any administrative bottlenecks.