New groundbreaking deal to deliver half a million affordable homes in Pakistan

New groundbreaking deal to deliver half a million affordable homes in Pakistan

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A new agreement between the government of Pakistan, SHS Holdings and UNOPS will see at least 500,000 new affordable homes built in Pakistan over the next 10 years.

The agreement is the latest in UNOPS Social Impact Investment Initiative (S3I), which will also see similar projects delivered in the Caribbean, Ghana, India and Kenya.

All of the new affordable homes built will include some of the latest renewable energy and disease preventative technology – including solar panel roofs, waste-to-energy technology and mosquito-repelling coatings.

“We are delighted to support Pakistan’s aspirations to build more affordable homes through our S3I initiative. Delivering half a million homes anywhere is a colossal task, but I am certain that through this new agreement, we will help deliver for the people of Pakistan. ,” said UNOPS Deputy Executive Director, Vitaly Vanshelboim.

As part of the agreement, the government will provide land and basic infrastructure including sewage, electricity and water connections. UNOPS and SHS will establish a framework to manage financial aspects, and ensure project activities are timely, efficient and maintain relevant quality standards.

Original source: UNOPS
Published on 31 July 2019