PM to formally launch 5 million houses project next month

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ISLAMABAD: Prime Minister Imran Khan will formally launch the five million houses construction project during the first half of the next month while the process of registration will also commence with the launch of the project.

This was decided during a meeting of the task force on housing with Prime Minister Imran Khan in the chair Thursday at the Prime Minister’s Office.

The meeting was attended by Punjab Housing Minister Mian Mehmoodur Rasheed, MNA Najeeb Haroon, Quarter-Master General (QMG) Lt Gen Moazzam Ajaz and others.

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 five million housing project for the low-income groups as well as regularisation of Katchi Abadis.

The prime minister was informed that a comprehensive housing policy framework with a holistic approach and multifaceted initiatives was being developed to create a conducive environment and offering a 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.

The prime minister has already decided to take ownership of this demand-driven initiative that would not only fulfil PTI’s promise of provision of five million houses to the homeless but would also create huge economic activities and job opportunities for the youth.

The quarter-master general made a detailed presentation on the army’s experience in catering to the housing needs of its personnel. He also offered the army’s expertise and assistance in implementing the project.

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

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