5 million housing project to boost economic activities: PM

Prime Minister Imran Khan has expressed satisfaction over the progress made so far by the Housing Task Force on the government’s five million housing project and directed it to finalize the modalities for its launch.

Chairing a meeting in Islamabad, he reiterated that the provision of five million housing especially to the low income groups and regularization of Katchi Abadis is a priority of the present government.

The Prime Minister said the five million housing project, besides addressing housing issues, would be a force multiplier in giving momentum to economic activities through the creation of jobs and providing a boost to allied sectors of construction and housing sector.

The meeting discussed various financial models that could be followed to ensure maximum participation of the private sector on one hand and to ensure affordability of the housing facility for the low income groups, on the other.