Affordable housing project will open the door to employment: PM

ISLAMABAD: Prime Minister Imran Khan has said that the affordable housing project will open the door to employment.

According to details, a meeting of the National Coordinating Committee for Housing was held under the chairmanship of the Prime Minister in which federal ministers, chief secretaries and bank officials participated.

During the meeting, it was decided that National Bank, Bank of Punjab, Khyber Bank would take the lead in the loan scheme while all other banks would take the lead in the housing scheme. 3 banks will imitate.

Prime Minister Imran Khan, while vowing to remove every obstacle in the way of construction of affordable housing, said that the project of affordable housing is going to accelerate, the project of affordable housing will open the doors of employment.

He said that 17 industries would be revived immediately with the construction of affordable houses and Pakistan would soon be able to get out of economic depression.

Earlier on July 10 this year, Prime Minister Imran Khan had said that one lakh houses would be built in the first phase of the Naya Pakistan Housing Project, for which a subsidy of Rs 30 billion has been given.

The Prime Minister of Pakistan said that the loan taken from the bank will have to pay 5% interest on a 5 marla house, in the first phase 7% interest will have to be paid for a 10 marla house.

Also Read

PM vows to get out of the economic crisis through the construction sector

Prime Minister Imran Khan has said that the construction sector in Pakistan...