MONGABAY.COM
Mongabay.com seeks to raise interest in and appreciation of wild lands and wildlife, while examining the impact of emerging trends in climate, technology, economics, and finance on conservation and development (more)
WEEKLY NEWSLETTER
|
|
Pakistan
Index
Construction is one of the more vigorous sectors of the
economy, growing at a rate of 5.9 percent in FY 1992.
Construction of houses and the associated infrastructure
was a
major element in the Seventh Five-Year Plan (1988-93),
which
proposed the provision of 650,000 urban housing sites and
2.2
million plots for the rural poor to construct their own
houses.
The plan also sought to provide a rural water supply to an
additional 31.2 million people and sanitation facilities
for 17
million people. Total planned construction expenditure was
Rs29.7
billion over the five-year period. Much of the investment
in
housing came from the remittances of Pakistani workers in
the
Middle East. Some economists felt that this investment
distorted
the market for land on which to build in some areas and
made the
position of poor people more difficult.
Data as of April 1994
|
|