According to news sources, the federal government was preparing to introduce a programme for low-income residents to help them find affordable housing. The programme will be introduced in cooperation with other stakeholders. A decision was made during a meeting between the Islamabad Chamber of Commerce and Industry and the Ministry of Housing and Works Secretary.
Shallwani stated that the project’s aim was to provide people with affordable housing complexes. The first international housing expo will take place at the Jinnah Convention Center in Islamabad from December 8 to 11.
The housing industry and related businesses would be introduced to the global market at the expo, according to the participants of the meeting. The goal is for Chinese businesses to present their low cost housing technologies at the housing exhibition.
Pakistan has a severe housing shortage, with 1 million new homes needed annually to accommodate the nation’s expanding population. To provide low-interest house loans, the government has created a number of programs.