Quetta: The Balochistan government and the Federal Government Employees Housing Authority (FGEHA) on Tuesday signed a memorandum of understanding (MoU) for the development of housing projects for government employees and citizens in both Quetta and Gwadar.
The memorandum was signed at the Civil Secretariat by Director Genera FGEHA Wasim Hayat Bajwa and Secretary Urban Planning and Development Khaliq Nazarkiani. The meeting was also attended by other high officials of the Balochistan government and the Ministry of Housing.
Providing further details about the housing project, Bajwa revealed that a 60% quota would be reserved in the housing scheme for the provincial government’s employees; while a 15% and 25% quota would be set aside for federal employees and ordinary citizens, respectively.
The FGEHA director general added that foreign investors were also interested in investing in these projects, and that these ventures would be completed in both cities within two to three years with the assistance of the Balochistan government.
He further said that, on the directions of Housing and Works Minister Tariq Bashir Cheema, the down payment for a property in the housing project would be fixed at just 10% in order to facilitate the government workers.