Transforming Pakistan into a welfare state is my dream: PM Imran

Dunya News

In the first phase, 150000 residential units will be constructed

ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Wednesday while laying foundation stone of Naya Pakistan Housing Scheme in Islamabad said that it is beginning of our journey towards Naya Pakistan.

Addressing the ceremony, he said that transforming Pakistan into a welfare state is one of his dreams, adding that raising the downtrodden class is state’s responsibility.

The prime minister said that we will housing schemes in different cities.

"I was never confused about my vision for the country," he said and added we will follow model presented by State of Madina. 

Khan said, "Corruption in last ten years left country indebted." 

The Prime Minister said a revolving fund of Rs5 billion has been established to grant microcredit to poor people enabling them to have their own house, adding thathigh rise residential buildings will be constructed for people living in katchi abadis across Pakistan.

"Commercial buildings will also be constructed on city slum so that economic activity can be generated, he said and added there are about 40 slums areas in Karachi only and no one has ever paid any attention to uplift poor people living there.

Imran Khan said a Chinese Company has offered to set-up a pre-fabricated factory in Pakistan with a capacity to construct one story in a week. He said we are trying to involve private sector in the housing sector and facilitate our youth to come forward in the construction arena.

In the first phase, 150000 residential units will be constructed, while as many as 25000 apartments will be constructed for government employees in the federal capital.

The mega scheme will help generate many job opportunties and generate economic activity in the country.

Several foreign companies have also envinced keen interest in the housing scheme.