Chinese Company has offered One Million Houses Construction under Naya Pakistan Housing Project (NPHP). Chinese Company intends constructing One Million Houses under NPHP in next four years. The construction offer of One Million Houses under NPHP is an outcome of PM Khan’s invitation to Chinese investors.
Chinese Company to Construct One Million Houses under NPHP
Chinese Company has shown interest to build one million houses under NPHP which is a government’s initiative to provide low cost housing for the low-income people. One Million Houses construction offer made by Chinese Company is revealed by Secretary Chief Minister Punjab Rafaqat Gilani while he was talking in a ceremony on Naya Pakistan Housing Project (NPHP).
He said that this development is an outcome of PM Khan’s invitation to Chinese investors during his recently paid visit to China. Prime Minister Imran Khan had previously expressed desire to hire Chinese expertise and knowledge in building low-cost houses.
PM Imran Khan emphasized Investment Potential in Pakistan during his talk to Chinese Investors and enterprises. Recently made Chinese Company’s offer to construct one million houses under NPHP is considered an outcome of that.
Chinese Company Likely to Construct One Million Houses under NPHP from Gwadar
Couple of months back, PM Khan Announced the Initiation of NPHP from Gwadar and later during his visit to China PM urged Chinese Investors to explore investment potential of CPEC. If Government of Pakistan accepts the construction proposal, we may expect Chinese Company to start building One Million Houses under NPHP from Gwadar.
PM Khan is already a great admirer of Chinese expertise in provision of low cost housing so chances are bright that Government will show consent to this construction proposal. Few days back, China Hinted to Plant 19 Projects in Gwadar after the announcement of SEZ’s Policy by Government of Pakistan. One Million Houses Construction could also be a part of that chain of projects announced by China.
Special Economic Zones will attract investors and business entities to Pakistan especially towards CPEC investment opportunities and Gwadar Free Zone. Increasing China’s inclination towards Gwadar Port and Free Zone depicts that Chinese Company will start construction of one million houses under NPHP from Gwadar.
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