Categories: Everyday News

Foreign firms show interest in Naya Pakistan Housing Programme

LAHORE:    Foreign firms are taking interest in investing in Naya Pakistan Housing Programme (NPHP), which approves of Prime Minster Imran Khan’s credibility at the international level, Punjab Minister for Housing and Urban Development Mian Mehmood-ur-Rasheed said.

invest with imarat

Islamabad’s emerging city centre

Learn More

While meeting a delegation of investors and experts from Dubai and China with regards to NPHP, the minister received briefing from the firms about their potential plans for constructing low-cost housing under the country’s flagship housing programme.

The meeting was also attended by Secretary Housing Naseem Sadiq, Punjab DG Housing and Town Planning Agency (PHATA) Liaqat Chatha, General Secretary Housing Taskforce Atif Ayub and other relevant officers.

The delegation comprised of representatives of private office of His Highness Sheikh Ahmed Bin Dalmook Al Maktoum, China Construction Design International and China Railway Construction Corporation.

The minister said that global expertise in housing and construction is critical to the successful accomplishment of the project, which is only possible if foreign firms are provided investment-friendly platforms in Pakistan.

Secretary Housing Naseem Sadiq and PHATA DG Liaqat Chatha gave briefing to the delegation regarding various administrative and legal affairs of NPHP.

The members of the delegation were asked to submit their proposals after their visit to PHATA-administered land in Lahore and Faisalabad.

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

23 hours ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

2 days ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

3 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

4 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

5 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago