Imran Khan performs the groundbreaking of Farash Town apartments in Islamabad under the 'Naya Pakistan Housing Programme' on Thursday. Twitter photo
Tariq Butt, Correspondent
Prime Minister Imran Khan performed the groundbreaking of Farash Town apartments in Islamabad under the “Naya Pakistan Housing Programme” on Thursday.
Addressing the ceremony, he said the project envisaging construction of 2,000 flats is aimed at providing shelter to the underprivileged segments of the society including workers and labourers. He said he will soon perform groundbreaking of peri-urban housing society for the farmers.
Imran said a plan has also been prepared to convert the slums and equip them with the modern facilities including that of sanitation and sewerage. He said the slum dwellers will be given houses on proprietary rights.
He said the mortgage facility has been introduced to provide loans to the people on easy installments so that they could construct the houses. He said negotiations are continuing with the banks to remove any impediments.
The prime minister regretted that the economy was mismanaged in the past. He said such loans were taken in the past, which instead of wealth creation further increased the burden of loans.
Imran Khan prays after inauguration of Farash Town in Islamabad.
Imran said the government is focusing on wealth creation projects to retire the country's debt. He said these include Ravi City and Central Business District in Lahore whilst negotiations are being held with the Sindh government to develop the Bundal Island. He was confident that these projects will attract massive investments.
He said the projects to be executed under “Naya Pakistan Housing Programme” will also uplift the thirty industries allied with the construction sector.
The premier expressed satisfaction over increased activity in the construction industry. He pointed out that the cement sale remained at record level last year while growth has also been witnessed in the tax collection, which indicates the business activity has increased in the country.
Imran said it is the first time that the country's textile industry is witnessing a record boom. He said the small and medium enterprises will also be uplifted to increase their share in the economy.
He said we have envisaged upgradation of railway line from Karachi to Peshawar. He said negotiations are also continuing to take the train service to the Central Asian States to promote regional trade.
"It is very difficult for the salaried class, workers and labourers to construct or purchase a house in the cities due to soaring prices of land,” the prime minister told the ceremony in Islamabad on Thursday.
Imran said that the ticket prices for the Peshawar BRT were "just right." "Our programmes should give priority to improving the lives of the common man. Everyone can afford the ticket which ranges from Rs10 (0.02 files) to Rs50 (Dh1.02). There are also tickets for students to make travelling easier for them and hospitals have been connected so people will no longer face difficulties in this regard.”
"We had a very difficult two years. We didn't have foreign exchange and couldn't pay our debts. We have avoided a huge crisis because we didn't default (payments). But I know it hasn't been easy for the people, I understand the difficulties they faced and still are facing,” he said in a televised address to the nation.
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