Naya Pakistan Housing Project: Egyptian tycoon offers to build 100,000 houses - News Summed Up

Naya Pakistan Housing Project: Egyptian tycoon offers to build 100,000 houses


Naguib Sawiri­s is alread­y engage­d in a big projec­t in Islama­badFederal Minister for Information and Broadcasting Chaudhry Fawad Hussain confirmed that an Egyptian billionaire has offered to build 100,000 housing units in Pakistan. In a tweet, he said Egyptian billionaire Naguib Sawiris offered to build 100,000 housing units in Pakistan to help realise Prime Minister Imran Khan’s dream of Naya Pakistan Housing Project, Radio Pakistan reported. According to Arab News, Naguib Sawiris has expressed his will to invest in 100,000 units of affordable housing in light of Prime Minister Imran Khan’s vision of Naya Pakistan. “We will use our experience and know-how to deliver this properly to the people of Pakistan,” Hamdy added. Over 40 bidders and construction companies have already applied to provide land and construct housing units under NPHP.


Source: The Express Tribune January 21, 2019 04:18 UTC



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