Prime Minister Imran Khan launched Naya Pakistan Housing Scheme today under which one hundred and forty-one thousand residential units will be constructed in the first phase.
Addressing the launching ceremony, this afternoon, he said 25,000 housing units will be constructed in the federal capital, 1,10,000 in Balochistan and 6,000 in Azad Kashmir.
The Prime Minister said a revolving fund of five billion rupees has been established to grant microcredit to poor people enabling them to have their own house.
He said high rise residential buildings will be constructed for people living in katchi abadis across Pakistan.
He said commercial buildings will also be constructed on city slum so that economic activity can be generated.
The Prime Minister said there are about 40 slums areas in Karachi only and no one has ever paid any attention to uplift poor people living there.