Buzdar meets delegation: Chinese company to construct 200,000 low-cost houses in Punjab

Meishang International Group Investment Holding Limited of China has shown its interest for making investment in the construction of low-cost houses for low-income families and to construct 200,000 such houses in Punjab. Led by Group Chairman, Professor Guo Rongzong, its delegation called on the Punjab Chief Minister Sardar Usman Buzdar here at CM Office on Friday. The delegation expressed keen interest for making investment in housing sector of Punjab.

During the meeting, matters of mutual interest and prospectus of investment opportunities in Punjab came under discussion, sources said. Talking on the occasion, the CM welcomed Chinese investors' interest and assured to provide every possible facility. He added that vast opportunities of investment are available while foreign investment will be fully protected in the province of Punjab.

The CM directed the line departments to submit comprehensive recommendations after analyzing the proposal and future roadmap should be prepared at the earliest. He said the PTI government has launched Naya Pakistan Housing programme and work is being done speedily.

He added that construction of high-rise buildings has been allowed by the Punjab government and hoped that this would boost economic activities. Director and Overseas Project President Michael Tu, Overseas Project Manager Sean Crawford and Secretary Samuel Li were included in the delegation. Provincial Housing Minister Mian Mahmood ur Rasheed, Chairman PBIT Sardar Tanvir Ilyas, Chief Secretary, secretaries of housing, P&D and industries departments, CEO PBIT, Secretary Taskforce Atif Mayo and others were also present on the occasion.

Moreover, talking to people belonging to different districts, the CM said that entire attention is focused on work to come up to the expectations of the people and their genuine problems are being solved on a priority basis. The chief minister said that the health sector is an important priority of the Punjab government and nine new hospitals are being constructed in the province after a lapse of many decades. Similarly, emergencies of 100 THQ hospitals are being upgraded where trauma facility will also be available. On the other side, Sehat Insaf Cards are being distributed among the deserving to ensure their access to better healthcare facilities, he added.

Copyright Business Recorder, 2019