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PM House to monitor housing project
By Tariq Butt September 12, 2018
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ISLAMABAD: Prime Minister Imran Khan has decided that the project of providing five million houses in next five years would be monitored and implemented directly by his office.

He presided over a meeting to review progress on formulation of a roadmap for the construction of five million houses across Pakistan.

It was decided that the prime minister would take the “ownership” of the initiative to ensure smooth implementation and remove any administrative bottlenecks, said an official announcement.

Imran directed the committee to finalise its recommendations regarding formulation of a comprehensive plan of action with delineated timelines within two weeks for early launching of the housing programme.

The housing secretary briefed the prime minister about the current situation vis-a-vis the annual demand and shortfall in the housing sector. He identified various options regarding ensuring availability of land bank, raising for the required finances through different modes and undertaking administrative and legal measures needed to encourage private sector and foreign investors towards the prime minister’s housing initiative.

The prime minister said provision of five million houses, equipped with all basic facilities and regularisation of slums, was the foremost priority of the government being a part of the election manifesto of the Pakistan Tehrik-e-Insaf (PTI).

The prime minister said that construction of affordable housing initiative would not only provide shelter to the homeless, but would generate huge economic activity by providing millions of jobs and boosting all industries linked to the housing sector.

He said that besides availability of vast state lands across Pakistan, utilisation of prime lands of the state guest houses and other government-owned accommodations and properties in Punjab and Khyber Pakhtunkhwa (KP) alone could generate billions of rupees for the five million housing scheme.

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