Public-Private Partnership in Pakistan's Housing Sector
The Pakistan Peoples Party-led coalition government has introduced the concept of public-private partnership to overcome the shortage of houses in the country. Recognizing that the government cannot single-handedly provide facilities to the growing population, the idea of partnership is aimed at providing shelter to low-income groups. The government has entered into partnership with private sector developers, with projects not requiring any public sector funding.
Key Takeaways:
- The government has launched two joint venture projects with private developers: one with M/s Maymar Tower for the construction of 8,000 apartments in Karachi, and another with M/s Al-Khaliol and Company for the allotment of 774 plots in Turbat, Balochistan.
- The Prime Minister has called for greater coordination between the Center and provinces, and has asked the provincial governments to launch five and seven marla schemes.
- The government has announced plans to provide houses to every government servant at the end of their service, with 1,189 apartments being constructed in Sector G-11, Islamabad.
- The Housing Foundation has purchased 3,000 acres of land in village Shakrilla, off Murree Expressway, for the construction of apartments for low-paid Federal Government employees and the general public (50:50 basis).
- An agreement has been signed with M/s MAKDV for the construction of about 2,544 flats in Village Manga, Tehsil Murree, as a joint venture.
- Karachi has grown into a mega city, unable to sustain further demographic pressures, and a new city called Zulfiqarabad is being proposed to ease migration pressure on Karachi.
Statistics:
- 8,000 apartments are being constructed in Karachi under a joint venture project with M/s Maymar Tower.
- 774 plots of varying sizes will be allotted to government employees and the general public through a joint venture project with M/s Al-Khaliol and Company.
- 1,189 apartments are being constructed in Sector G-11, Islamabad, with 350 flats already completed and work on the remaining flats in progress.
- 3,000 acres of land have been purchased by the Housing Foundation in village Shakrilla for the construction of apartments.
- 2,544 flats will be constructed in Village Manga, Tehsil Murree, through a joint venture with M/s MAKDV.
- The government plans to provide houses to every government servant.
Sources:
- Balochistan Times, May 24, 2010.
- Asia Pulse (through), no date provided.