ISLAMABAD – Prime Minister Imran Khan invited Chinese investors to investin the new Pakistan housing project during his recent visit to China. AChinese company is interested in building one million homes under thescheme “Naya Pakistan Housing Project”.
Foreign companies are happy to offer services for the project. In addition,the experience of Chinese companies will be utilized in building low-costhomes. Low-cost houses will be constructed in Punjab as well.
Rafaqat Gilani political advisor to CM Punjab added that under the project,five and three Marla houses would be constructed. Moreover, high-risebuildings in major cities including Lahore, Faisalabad, and Multan wouldalso be built.
World Bank suggestions and technical support regarding the construction oflow-cost homes will be welcomed. Different private-sector partnerships arealso being set up in the New Pakistan Housing Project for the constructionof houses.
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He said that changes in existing by-laws have been made regarding thebuildings of various government sectors.
The possibility of technical assistance in the construction of low-costhomes in the New Pakistan Housing Project is being reviewed and variousoptions are being considered in this regard.
