Dated:2016-4-25

The Inauguration Ceremony of PHA Foundation I-12 Project

PRESS RELEASE

                        The inauguration ceremony of PHA Foundation I-12 project was held on 25-04-2016 at the site of the said project. The Honorable Federal Minister Mr. Akram Khan Durrani was the chief guest of the ceremony. The Dignitaries who attended the ceremony are as follows:

                        i) Mr. Akram Khan Durrani             Federal Minister for Housing & Works

                        ii) Mr. Shahrukh Arbab                   Secretary M/o Housing & Works

                        iii) Mr. Akhtar Jan Wazir                  Joint Secretary M/o Housing & Works

                        iv) Mr. Muhammad Ilyas                  MD/ CEO PHA Foundation

2.                     The ceremony started with the recitation of Holy Quran and Naat-e-Rasool. After this Mr. Muhammad Ilyas MD PHA Foundation formally welcomed the Honorable Minister and other dignitaries who attended the ceremony. He further briefed the gathering about the project, number of apartments specified for FG employees and General Public as follow:

Sr. No

Description

Total

1

Federal Government Employees (BPS 1-16)

1600 Apartmens

2

General Public

1600 Apartments

3

Covered Area (E-Type)

680 Sqt.

4

Covered Area (D-Type)

680 Sqt.

5

15% Down payment of Total Apartment Price

 

6

16 Quarterly Installments (4 years plan)

 

 3.                     The MD PHA Foundation further thanked Honorable Minister and Secretary Housing & Works for their continuous support and trust shown by them on PHA Foundation and ensured them that he would try his level best to meet the targets and complete the project in time. 

4.                     After this secretary Housing & Works Mr. ShahrukhArbab addressed the ceremony and applause the good work done by the PHA Foundation Management. He further emphasized that PHA Foundation should make efforts for timely completion of all ongoing and current started projects.

5.                     Lastly, the Honorable Minister for Housing & Works, Mr. Akram Khan Durrani in his address shown great admiration on the goals achieved by PHA F in last two years. The minster advised the Management of PHA F to do what ever it takes for the timely completion of the projects sot that the trust of Government Employees and General Public shown on PHA F may be kept.

 6.                     He promised that he would take up the issue for acquiring more land from CDA and Railways so that more and more apartments may be built for low paid employees. 

7.                     In the end he thanked the honorable guest / media persons for their precious time and employees for making this inauguration ceremony successful.