On Thursday, PM Imran Khan said the Naya Pakistan Housing Programme will be the most determined and a milestone scheme of Pakistan Tehreek e Insaaf’s government in which six million jobs will be produced, raising the requirement in 40 industries.
PM commenced that five million houses will be constructed over the next five years under the residential project.
Taking to Twitter on Thursday, the prime minister said: “We have launched our most ambitious, landmark housing policy of building five million homes in five years.”
“This will provide affordable houses for our less privileged strata of society, plus six million jobs, create demand in 40 industries directly involved in house building and attract foreign direct investment (FDI),” he added.
Previously, PM Imran had said that the government wants to build houses for those who generally do not even dream of owning a house, as they fall in low-income group and hardly cope to find a shelter.
He further added that their objective is to build five million homes in five years. The homes are to be made for the ordinary man, who receives Rs10, 000 to 25,000 a month.
The prime minister promised that he will administer the project himself and expressed confidence that the programme would not only provide reasonable housing to the poor but also create employment opportunities in the country.
In its early stages, the mega-project will be launched in seven cities, including Muzaffarabad, Sukkur, Quetta, Gilgit-Baltistan, Dera Ismail Khan, Faisalabad and Islamabad.
The prime minister also told that the government will eliminate obstacles to home ownership and that this would include working with the Law Ministry to sketch legislation to make this possible.
Moreover, The prime minister told that the data of the ‘kaachi abadis’ (slums) would also be collected and extra estimates says that 40 per cent land in Karachi and most precious land in Islamabad were invaded due to illegal construction. He said that after reviewing international models, high-rise buildings, having all basic facilities would be constructed and the owners would have full property rights.