Prime Minister Muhammad Nawaz Sharif on Wednesday visited Turkey's low cost housing project TOKI, with a view to replicate the project in Pakistan.
Turkish Minister for Housing Erdogan Bayraktar briefed the Prime Minister about the housing project and told that the project constructs houses for the low income families at affordable prices.
He apprised the Prime Minister that under this project, Turkey's slum areas had been developed into beautiful residential schemes. He expressed the interest of Turkish government to invest in Pakistan's housing sector.
Prime Minister Nawaz Sharif said that he had decided, during the visit of Turkish housing delegation to Pakistan, to see the project himself. He appreciated the progress made by the Turkish government in this sector and added that Pakistan is also facing acute shortage of housing facilities and Pakistan could learn from the experiences of Turkey.
The Prime Minister said that Pakistan’s economy provides vast opportunities of investment in all sectors including housing. He invited the Turkish businessmen to visit Pakistan and invest in the housing sector.