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Low Cost Housing Solution for Pakistan

Low Cost Housing Solution for Pakistan. Irfanul Haq Qazi CFSED Washington D.C. C (571)-294-9485 Haq.Irfanul@gmail.com Oct 16 2009. Center For Strategic Economic Development - CFSED. Current Housing Crisis. Basic Assumptions Pakistan Total p opulation 170,000,000

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Low Cost Housing Solution for Pakistan

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  1. Low Cost Housing Solution for Pakistan Irfanul Haq Qazi CFSED Washington D.C. C (571)-294-9485 Haq.Irfanul@gmail.com Oct 16 2009 Center For Strategic Economic Development - CFSED

  2. Current Housing Crisis • Basic Assumptions • Pakistan Total population 170,000,000 • Housing Units (6 person/unit) 34,000,000 Units • Population increase Annual 3,600,000 • Annual new units required 600,000 Units • New Units Constructed 300,000 Units • Existing Units 23,600,000 Units • Backlog 10,400,000 Units • Backlog by year 2030 16,400,000 Units • Impact of Recent Flood (20 M homeless) 3,300,000 Units • Estimates by Pakistan Housing Authority shows that growing population requires 570,000 housing units every year against average construction of 300,000 housing units.

  3. Housing Solution

  4. Housing Units Projections & Gap

  5. Aggressive Housing Build Scenario

  6. Aggressive Housing Units Projections & Gap

  7. Conclusion • Unless we build at a rapid pace of 800,000 new units plus the current of 300,000 units i.e. a total of 1.1 Million units per year we will have tens of millions of Pakistanis living without proper housing. • Given the current economic climate, housing policy and construction technology, there are no chances of achieving this goal even in 20 years • The only chance is to think out of the box in terms of housing policy, housing finance and construction technology with a legal framework to succeed. • CFSED is poised to create a vision and framework for this that will lead the way towards a long term solution.

  8. CFSED Housing Solution • CFSED plans to present concrete solutions to these core areas • Housing Policy Ideas: CFSED will work as a think tank to propose policies, regulations and incentives that will make it possible to achieve these objectives. It will also propose ways of promoting and monitoring the housing industry progress and its impact on Pakistan’s economy • Housing Planning: CFSED will work with planners to create housing plans using Google Earth and other resources that will take into consideration earthquakes, floods, economic resources, road access and build the economic development resources into its planning so that the houses are inexpensive to build and maintain and bring prosperity to the inhabitants. • Housing Finance Ideas: CFSED will bring forth a vision of mobilizing local finance resources as well as international financing and grant resources that will be practical in Pakistan’s economy and achievable given our current economic climate • Construction Technology Solution: CFSED will build the right construction technology and build a model housing community of 50 houses that will demonstrate the viability of its ideas. • Awareness: CFSED will create a TV Channel on Construction technology and bring all the stakeholders together including planners, architects, engineers, builders, NGOs, Civil Engineering Institutions, organizations and construction financing institutions and provide hands on training and guidance for building the future of Pakistan

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