PM to launch five million housing scheme in October

Dunya News

Imran directed task force to expedite finalisation of the plan including the legislative framework.

ISLAMABAD (Dunya News) - Prime Minister Imran Khan will formally launch the much-anticipated five million housing scheme during the first half of the next month.

This was decided during a meeting of the Task Force on Housing chaired by Imran Khan here at the PM Office on Thursday.

The task force apprised the prime minister about the progress made so far in formulating a comprehensive plan for planning, execution and monitoring of the project for the low income groups as well as regularisation of slums.

Imran was informed that a comprehensive housing policy framework with a holistic approach and multifaceted initiatives was being developed to create conducive environment and offering one-window solution to the local as well as foreign investors.

It was informed that an apex body would be created for the purpose to ensure seamless execution of the project.

Lt Gen Moazzam Ajaz gave a detailed presentation on the military’s experience in catering to housing needs of its personnel. He also offered army’s expertise and assistance in implementing the project.

The prime minister said that besides utilising expertise of both the public and the private sectors, successful financial models including that of Akhuwwat would be replicated to ensure success and affordability.

He directed the task force to expedite finalisation of the plan including the legislative framework for its consideration by the provincial and the federal government.