Karachi: Being the backbone of the economy, Naya Pakistan Housing Scheme has been a turnaround for bringing foreign investment of up to $25billion in the country. This is in addition to the $10billion to $14 billion annual investment by overseas Pakistanis and local builders.
Foreign investors from Singapore, China, Malaysia, the UK and other parts of Europe are closely in contact with the government. Further, countries like Saudi Arabia, the UAE, China and others have committed to invest over $30 billion over the next three to five years.
The low-cost housing project will help regain the economic momentum.
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