Times of Islamabad

Naya Pakistan Housing Authority Law in pipeline

Naya Pakistan Housing Authority Law in pipeline

ISLAMABAD – At the outset, the house offered Fateha for those martyred inLahore blast today.

The National Assembly was informed today that Naya Pakistan HousingAuthority Bill will soon be laid before the Parliament for approval.

Minister for Housing Tariq Bashir Cheema told the House during questionhour, that this authority will provide one window facility to facilitatethe private sector to invest in this mega project for construction of fivemillion houses.

He said the Prime Minister has launched the housing projects in Islamabad,Quetta and Okara, and construction work on the sites will soon commence.

Tariq Bashir Cheema said that five billion rupees have been allocated toprovide interest free loans to those who cannot build their houses. Heestimated that per unit cost of each housing unit under this project willbe three million rupees. He said 2.7 million rupees will be provided to thepeople in loans through banks to construct the houses. He said NayaPakistan Housing Programme will be executed keeping in view the codalformalities.

Minister for Power Omer Ayub told the House that the government plans toinstall concentrated solar power plants in Balochistan. For this purpose,we are also in negotiations with Saudi Arabia. He said we also plan toestablish small water reservoirs in Balochistan.

Omer Ayub said unlike the previous governments, the Prime Minister ImranKhan only inaugurates those projects, for which solid funding is available.

Parliamentary Secretary for National Food Security Muhammad Ameer Sultantold the House that present government has declared agriculture emergencyin the country to enhance the productivity of this important sector. Hesaid we have allocated 284 billion rupees for thirteen agriculture relatedprojects to bolster the yield of major crops.