Government is encouraged to create a housing bank to support affordable housing

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Government is encouraged to create a housing bank to support affordable housing

At the first International Housing EXPO 22, speakers encouraged the government to create a homes bank to support affordable housing for low-income groups.

On the second day of the EXPO, which was hosted by the Ministry of Housing and Works in association with the Islamabad Chamber of Commerce and Industry, many dignitaries attended.

The expo was attended by former National Assembly member and PML-N leader Captain (R) Muhammad Safdar, Chakkrid Kraichaiwong, Nguyen Tien Phong, Khazar Farhadov, and Dilshad Senor, all of whom are ambassadors from their respective countries.

The visiting dignitaries were taken through various stalls set up for display in the EXPO by Iftikhar Ali Shallwani, Secretary, Ministry of Housing and Works, and Ahsan Zafar Bakhtawari, President of ICCI.

The items and projects on display piqued the visitors’ interest, and they were very grateful to the Ministry of Housing and Works and ICCI for arranging such a fantastic EXPO.

Capt. (Retd) Muhammad Safdar received a briefing from Bakhtawari on the significance of developing a new industrial park in the area to encourage industrialization and investment.

Panel talks were also held outside the EXPO on the second day.

Waseem Hayat Bajwa, a member of the Planning and Design CDA, Emma Ahmed, director of Altair International, and Naveed Iftikhar, co-founder of Atom Camp, served as panelists for the sessions on “Low Cost Housing and Financing Frameworks” and “Urban Governance, Urban Development and Regulation.”

The speakers asked the government to take into account establishing a Housing Bank to promote affordable housing for low income segments and offered helpful suggestions for promoting low cost housing in Pakistan.

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