Lahore: The country is facing a significant housing shortage, with more than ten million units needed to meet current demands, according to the Minister for Housing and Works, Mian Riaz Hussain Pirzada. In response, the government is prioritizing public-private partnerships as a solution to this growing crisis.
Speaking at the inauguration of an international building and construction industry exhibition and conference in Lahore, Pirzada emphasized the government’s commitment to addressing the housing deficit. He outlined efforts to promote housing finance, expand partnership opportunities, and develop policies that cater to public needs.
The minister’s remarks come as part of a broader governmental strategy to tackle the housing crisis, which includes concrete steps to facilitate the construction of new housing units. By leveraging collaboration between the public and private sectors, the government aims to accelerate housing development and ensure more affordable options are available to citizens.
The initiative underscores the government’s proactive approach to addressing one of the country’s most pressing issues, with a focus on sustainable development and economic growth through enhanced housing infrastructure.