Report: FT Correspondent:
ISLAMABAD– The Federal Government Employees Housing Authority (FGEHA) and Smart City Housing Lahore have signed a Memorandum of Understanding (MoU) to develop a residential project spanning approximately 750 kanals on Multan Road, Lahore.
The MoU was signed in the presence of FGEHA Director General Captain (Retd.) Zafar Iqbal. Faiz Umar, Director Joint Venture, signed on behalf of FGEHA, while Sardar Adil Umar represented Smart City Housing Lahore. Senior FGEHA officials also attended the ceremony.
The project will be developed under an End-Product/Turnkey Model. Smart City Housing Lahore is an LDA-approved project located near Bahria Enclave on Multan Road.
Speaking on the occasion, Captain (Retd.) Zafar Iqbal said the partnership aimed to expand housing opportunities for federal government employees residing in Lahore. He added that the project could be expanded if additional suitable land became available.
He reaffirmed FGEHA's commitment to improving residential facilities through transparent planning and public-private partnerships. He also appreciated the support of Federal Minister for Housing and Works Mian Riaz Hussain Pirzada and Secretary Housing and Works Captain (Retd.) Muhammad Mahmood.
The MoU marks another step in FGEHA's efforts to strengthen private-sector collaboration and develop residential facilities for eligible beneficiaries.
