Govt asked to establish Housing Bank to promote low costing housing in Pakistan

ISLAMABAD, Dec 09 (NNI): Many dignitaries visited the 1st International Housing EXPO 22 on its second day being organized by the Ministry of Housing & Works in collaboration with Islamabad Chamber of Commerce & Industry. Capt. (Retd) Muhammad Safdar PNL-N leader and former MNA, H.E. Chakkrid Kraichaiwong Ambassador of Thailand, H.E. Nguyen Tien Phong, Ambassador of Vietnam, H.E. H.E. Khazar Farhadov Ambassador of Azerbaijan and H.E. Ms. Dilshad Senor, Ambassador of Northern Cyprus.
Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry and Iftikhar Ali Shallwani, Secretary, Ministry of Housing & Works took the visiting dignitaries to various stalls put up for display in the EXPO. The visiting guests took great interest in the products and projects displayed in the EXPO and highly appreciated the Ministry of Housing & Works and ICCI for organizing such a wonderful EXPO.
Ahsan Zafar Bakhtawari briefed the Capt. (Retd) Muhammad Safdar about the importance of establishing a new industrial estate in the region to promote industrialization and investment and he assured that ICCI should give him a proposal and he would try to get its approval from the Prime Minister of Pakistan.
On the second day, panel discussions were also held on the sidelines of the EXPO. The first session was held on “Low Cost Housing and Financing Frameworks.
The panellists gave useful proposals to promote low cost housing in Pakistan and said that the government should consider setting up a Housing Bank to promote low cost housing for low income segments. NNI