Lahore: Prime Minister Imran Khan performed the groundbreaking of the Punjab Peri-Urban Low-cost Housing Scheme in Lahore yesterday and virtually attended the inauguration works at nine other sites, according to a news story published on May 7.
While addressing the ceremony, the prime minister reiterated that the government has launched these low-cost housing projects to offer the lower-income class a chance to own their houses. These housing units are being constructed in the areas closer to the cities and are hence named ‘peri urban’.
PM Khan stated that while the project would facilitate the common man, it will also be a highlight for the construction industry and the economic boom will soon be visible. He further remarked that the construction industry is performing at its best currently and that the government is giving incentives to boost the industry further. The industry is already seeing the highest recorded sales of cement this year.
Furthermore, the prime minister also lauded the efforts of the Frontier Works Organization (FWO) for helping the Punjab Government with the construction of these housing projects. Talking on the occasion, CM Punjab said that the Prime Minister’s idea of five million houses is being materialized and construction of 35,000 residential units in the first phase has already begun.