Islamabad, November 12, 2013 (PPI-OT): Minister of State for Housing and Works, Usman Ibrahim held a meeting with representatives of Yooshin Engineering Corporation, Korea, here today.
The delegation was briefed about the Prime Minister Nawaz Sharif’s vision of constructing 500,000 housing units in Pakistan within next five years. The Minister emphasized that the present government is very much committed and sincere to provide shelter to shelterless, low-income and economically week strata of the society. The scheme would be called ‘Apna Ghar’ scheme, through which houses will be provided to low income group on easy instalments.
The meeting was briefed that as per its mandate, the Ministry is already working on institutional arrangements and policy framework to accomplish this gigantic task. It was also mentioned that the ministry is exploring national and international partners who can join hands to make Prime Minister’s dream a reality by adopting Public-Private Partnership mode.
The delegates appreciated Prime Minister’s vision for ‘Apna Ghar’ scheme and offered their assistance in undertaking engineering designs and plans. The Yooshin Engineering Corporation – is a large engineering company in Seoul, Korea – has expressed its deep interest and participation for developing the housing sector of Pakistan and related infrastructure including supervision of the mega projects.
‘As the company has its development and financing arms’, the Minister stated, ‘so the collaboration will be quite beneficial to complete this task of building 500,000 housing units within stipulated time’. The delegates will present a concept paper of 20,000 housing units to the Housing Ministry within a week and then after mutual agreement the Memorandum of Understanding (MoU) would be signed to move ahead.
The meeting was attended by Umar rasool Joint Secretay Housing and Works, Engineer Hasan Haqqani Managing Director National Construction Limited (NCL), M. Irfan DG National Housing Authority (NHA), Sardar Aminullah Khan (CEO Prosperous Management Group) and representatives of Yooshin Engineering Corporation.
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Category: Press Information Department