Govt directs strategy to expand housing sector investment

March 26, 2026 (MLN): The government  has directed authorities to devise and implement a practical strategy to boost investment in the construction and housing sector, aimed at expanding affordable housing and create employment opportunities across the country.

Prime Minister Shehbaz Sharif chaired the meeting, which was attended by Federal Ministers Azam Nazeer Tarar, Ahad Khan Cheema, Muhammad Aurangzeb, and Mian Riaz Hussain Pirzada, Minister of State Bilal Azhar Kayani, Attorney General Mansoor Awan, and State Bank Governor Jameel Ahmad, along with senior officials, provincial representatives, and private sector experts, according to APP.

During the meeting, the prime minister emphasized that home ownership is a fundamental right of every citizen and reaffirmed the government’s commitment to providing easy-term loans for housing. He noted the vast investment potential in the sector and assured that barriers hindering both local and foreign investment would be removed.

He further directed that all stakeholders, including provincial governments, Azad Kashmir, and Gilgit-Baltistan, be consulted in formulating the strategy.

Special focus is being placed on facilitating overseas Pakistanis and foreign investors, with measures aimed at ensuring the protection of their investments.

Officials briefed the meeting on progress made by task forces and working groups, highlighting ongoing legal reforms, development of a mortgage finance ecosystem, and the introduction of low-cost loan systems for affordable housing. Banks are expected to be assigned specific lending targets in the next phase.

The prime minister concluded by instructing authorities to finalize and effectively implement comprehensive measures to accelerate growth in the housing and construction sector, which is expected to significantly contribute to economic activity and job creation.

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