Chinese Firm and PHATA INKS MOU for Low-Cost Housing Units


An MoU was signed between Punjab Housing and Town Planning Agency (PHATA) and Chinese company Sunrise construction for the construction of low-cost houses under Naya Pakistan Housing scheme. Provincial Minister Mian Mehmood-ur-Rasheed/ Chairman PHATA and CEO of Sunrise construction Kevin Zhu signed the MoU. Chairman Taskforce for Housing Yaqub Izhar, General Secretary Muhammad Atif Ayub and Chairman Public Facilitation Committee Hammad Awan were also present on the occasion. The Minister said that Chinese company will construct ten thousand houses in Lahore and ten thousand houses in Sialkot during next three years with the help of pre-fab technology which will be a maiden experience in the country. 95 percent labour force be Pakistani while five percent technical staff will be Chinese and this would give employment to three lakh local people. Electricity will be provided through solar panels and recycling plants will be installed besides provision of clean drinking water in these housing units. He said that these houses will be environment-friendly and the model home will be delivered by Chinese company within next 45 days. Mian Mehmood-ur-Rasheed said that this MoU is a milestone in housing sector which will unleash revolution in the construction industry. He said that provision of services by a Chinese firm for Naya Pakistan Housing scheme is laudable and innovation will be incorporated in the houses to be built under this project.