Prime Minister Imran Khan launched Naya Pakistan Housing Programme at a special ceremony in Islamabad. Speaking on the occasion, Prime Minister said the target of the Government is to confirm delivery of five million affordable houses for under-privileged classes during the next five years.
The Prime Minister stated the self-assurance that the programme would not only help realize the dream of housing for the poor but also create employment chances. It will also attract local and foreign investment and inspire about forty related industries.
Prime Minister said construction of a Naya Pakistan Housing Programme Authority to serve as one window for all construction related procedures. The Authority would be set up in three months and till then a Task Force would look after the housing project.
A National Financial Regulatory Body would be set up in two months to remove hurdles in financing of construction of houses. A legal agenda would also be set to confirm that there are no legal hurdles in the way of implementation of housing project. He said a Land Bank would be introduced to identify land with Federal Government, Housing Ministry, provincial governments and local bodies.
Imran Khan said in the first phase model projects would be launched in seven regions of the country. He said a registration process for Naya Pakistan Housing Programme would be started in these districts from tomorrow with the cooperation of NADRA to gather data for housing needs of the people.
He said the Federal Government is launching its first project for its employees and registration for the same would begin from tomorrow. Punjab Government would also launch a similar project.
The Prime Minister clarified that the Government would serve as a facilitator while construction activity would be undertaken by the private sector.