Chinese Company Offers to Build One million Affordable Houses in Pakistan

housing

A Chinese company has offered to build one million affordable houses in Pakistan under Prime Minister Imran Khan’s Naya Pakistan Housing Project (NPHP). This was revealed by the political advisor to CM Punjab Rafaqat Gilani at an NPHP-related ceremony in Punjab.

This development took place during Khan’s third and most recent visit to China since he assumed the PM’s office.

Khan spoke to the Chinese investors during his visit and invited them to make an investment in the housing project. One of the companies responded to his offer and showed a keen interest in developing one million houses in Pakistan in the next four years.

Must read: Karachi to Get 4 New Housing Schemes

Earlier as well PM Khan had expressed a desire to use the expertise of Chinese companies in order to build low-cost housing units.

Gilani said that later on the scheme will be expanded to different parts of Punjab. There three or five Marla houses will be built. Furthermore, the Punjab government is interested in building high-rise buildings in Lahore, Faisalabad, and Multan.

He said that the government will welcome any recommendations and technical support of the World Bank and other organizations for establishing affordable homes. The project was made implementable by making several changes in existing by-laws by the provincial government.

Also read: Registration Process of Naya Pakistan Housing Scheme to End Today

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