Public-Private Partnership Authority being set up for Naya Pakistan
Mehmood-ur-Rasheed said reiterated his resolve that incentives would be provided to builders
LAHORE (APP) ~ Punjab Minister for Housing & Urban Development Mian Mahmood-ur-Rasheed has said that the Public-Private Partnership Authority is being set up in the province to ensure participation of private sector in the Naya Pakistan Housing Scheme and speedy construction of housing units.
Presiding over a departmental meeting, the minister said that the Punjab government, in line with the vision of Prime Minister Imran Khan, was taking effective measures to ensure private sector’s participation in the housing scheme.
By-laws of the Lahore Development Authority (LDA), Punjab Housing & Town Planning Agency (PHATA) and other institutions were being amended for providing relief to builders and developers.
Mehmood-ur-Rasheed said that construction of 2.5 million housing units under the scheme was not possible without active participation of private sector. He said that builders and developers would be provided all-out cooperation by the Punjab government to achieve this target.
He reiterated his resolve that incentives would be provided to builders and developers in this regard. He said that initiation of housing units under Naya Pakistan Housing Scheme would be made transparent in consultation with private sector and quality of the houses would also be ensured.
