Licensed Real State Agent
4Dewaari.com

Housing Projects Worth Rs110bn in Sindh World Bank Agreed to Fund

Housing Projects Worth Rs110bn in Sindh World Bank Agreed to Fund

The World Bank has agreed to finance housing projects worth Rs 110 billion in Sindh for flood-affected people. This was agreed upon during a virtual meeting between the Sindh CM Murad Ali Shah and WB Country Director for Pakistan Najy Benhassine. For the implementation of the project, a special unit would be formed under the chief secretary. The CM Sindh said that his government is doing its best to remove water from the flooded areas and the construction of housing units would be started immediately as soon as the flood water is drained out.

Read Also

Expansion of Islamabad Expressway Project

Earlier Mr. Shah told the WB country director that the winter season is around the corner and the government is striving hard to construct houses for flood affecters as soon as possible and that the provincial govt badly needs financing from the World Bank in this regard. He said. “The de-watering process is in progress and hopefully within one-and-a-half months, it will be completed.” After a detailed discussion, the WB decided to launch projects worth Rs 110bn for the construction of houses for the flood victims in the province.

Read Also

Hyderabad Sukhur Motorway Project Delayed

It was also decided that the CEO of the proposed company start the construction of the houses with the help of the public and private sectors. The survey for the construction of houses is already in progress. The CM also told the WB Country Director about the damage done to the roads and infrastructure in Karachi and said that Rs 13bn is required for the construction of damaged rods in the city. The WB made the commitment of Rs 6bn for road infrastructure. Mr. Shah added that the amount of Rs 26bn is required to renovate and revamp the sewerage system in the province.

 

  • Share on Facebook
  • Share on Twitter
  • Share on linkedin
  • Share on WhatsApp
  • Share on Reddit
  • Share on Pinterest
  • Related News Posts

    Wikipedia Banned By PTA for Not Removing  Sacrilegious Content

    Wikipedia Banned By PTA for No...

    12 hours ago
    DHA Quetta to Issue Numbers to plot Files last Month Balloting

    DHA Quetta to Issue Numbers to...

    1 day ago
    Early Completion of Samanabad Underpass Directed by the DG LDA

    Early Completion of Samanabad...

    1 day ago
    FGEHA to Issue Consent Letter to Park Road Housing Scheme Soon

    FGEHA to Issue Consent Letter...

    5 days ago