Panel set up to merge housing authorities

Director (P&D) of housing and works will serve as a member and secretary of the committee

By News Desk

September 07, 2024

Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb (4th from left), Minister for Housing & Works Riaz Hussain Pirzada, (5th from left), Minister for Maritime Affairs Qaiser Ahmed Sheikh (6th from left) and other officials are seen in this image released on August 12, 2024. — X/@Financegovpk

ISLAMABAD: The federal government has established a committee to merge the Pakistan Housing Authority Foundation, an entity under the Ministry of Housing and Works, with the Federal Government Employees Housing Authority.

The chairman of the committee will be the additional secretary of the Ministry of Housing and Works. Other members will include the senior joint secretary of the Ministry of Housing, the joint secretary of state, the director general of the Federal Government Employees Housing Authority, and the chief executive officer of the Pakistan Housing Authority Foundation.

The director (P&D) of housing and works will serve as a member and secretary of the committee.

On August 12, the Cabinet Committee on State-Owned Enterprises had directed a review of the merger of these two institutions.

The committee’s Terms of Reference (ToRs) have been set. It will evaluate the administrative structure, legal framework, financial status, revenue and expenditures, number of employees, nature of work, and other aspects of both institutions and will develop a roadmap for the merger.