Karachi: The incumbent government’s Naya Pakistan Housing Programme (NPHP) will strengthen the country’s economy, a news source reported. As per sources, foreign investors from different parts of the world are going to invest around USD 25 billion in the project during the next five years.
A member of the PM’s task force on housing, Muhammad Hasan Bakshi, stated that investors from countries including China, Malaysia, Singapore, UK, and other parts of Europe are ready to invest between USD 20 billion and USD 25 billion in the NPHP.
Meanwhile, reputed businessmen Arif Habib and Aqeel Karim Dhedhi recently stated that NPHP, along with other construction projects, have proven to be the economy’s backbone. Dhedhi specifically noted that these projects will help revive 40 to 70 allied industries, as well as create ample jobs. As per sources, NPHP will help create over 6 million jobs in the country. Habib added that these industries play an important role in growth of GDP.
