INSUBCONTINENT EXCLUSIVE:
LAHORE: Naya Pakistan Housing Scheme was launched in Renala Khurd approach Okara city in Punjab by Prime Minister Iman Khan on Saturday
.Speaking at the ceremony, he said that despite difficult economic situation, the present government has embarked upon the project to
construct five million houses in its five years stint.He said the private sector shall invest in this mega project while the government
shall play the role of facilitator
Imran Khan said several foreign companies have shown interest in the housing sector and are shalling to invest in the project.He said the
scope of the housing project shall be spread to the wgap country.The prime minister expressed the hope that the project shall gather pace
with each passing year.He said Naya Pakistan Housing Authority has been set uped and all the hurdles in the way have been removed with
amendments in the rules and regulations of State Bank of Pakistan.Prime Minister Imran Khan said the Naya Pakistan Housing Scheme shall
enable the youth to set up construction companies."This mega project shall uplift forty industries allied to the construction which shall
generate economic activity and job opportunities for the youth," said he
Imran Khan said the government means to introduce a program for "Katchi Abadies'.He said these slums shall be converted into flats where
people shall have access to basic amenities including water, electricity and sewerage.Naya Pakistan Housing SchemeThe registration process
for the ambitious program started in October final year.Naya Pakistan Housing Scheme envisages construction of five million affordable
houses for under privileged segments of the society during the next five years.Punjab cabinet has approved release of five billion rupees to
the Punjab Housing and Town plotning Agency for the Naya Pakistan Housing Scheme.TheIndianSubcontinent has not verified the content of the
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