Affordable housing project launched for low-wage workers in Pakistan ...United Arab Emirates

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Affordable housing project launched for low-wage workers in Pakistan
Islamabad: In a first-of-its-kind project, Pakistan on Thursday started giving out apartments and houses to low-wage workers on easy mortage terms. The affordable housing project offering 1,008 apartments and 500 houses on low mortgage rate would make home ownership accessible to financially vulnerable families, said Prime Minister Imran Khan who allotted the houses to their owners on Thursday. The project called ‘Labour Complex’, spread over an area of 2,560 kanals, is located in Islamabad’s Zone V. Terming it a first-of-its-kind project for the vulnerable people, PM Imran Khan said his government approached banks and offered them incentives to allocate Rs380 billion (US$2.4 billion) for h

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