*LAHORE: Punjab Minister for Housing Mian Mehmoodur Rasheed here on Tuesdayannounced that a Chinese company would construct 20,000 housing units inLahore and Sialkot by using prefabrication technology under Naya Pakistanhousing scheme for low-income families.*
He said this after signing a memorandum of understanding (MoU) with aChinese company at Punjab Housing and Town Planning Agency to build lowcost houses in the province.
Mehmoodur Rasheed said that the project would provide job opportunities to0.3 million local people and added that the Chinese company would alsoinstall plants of solar energy, potable water and waste recycling under thescheme.
Earlier on March 24, Punjab Minister for Housing Mian Mahmoodur Rasheed hadsaid that single and double storey independent housing units would also beprovided under Naya Pakistan Housing Scheme for low-income families.
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According to a statement released from the ministry, Mian Mahmoodur Rasheedhad said that these housing units would be available in Renala Khurd(Okara), Chistian and Lodhran districts.
He had said that down payment for these houses had been reduced from 20 percent to 10 per cent to facilitate the deserving families by the provincialgovernment.
