PLDC and PHATA will manage housing developments in Punjab
On Tuesday, September 13, the Punjab government said that the Punjab Land Development Company (PLDC) would be merged into the Punjab Housing and Town Planning Agency (PHATA). This was reported by news sources.
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It was decided at 90-Shara-e-Quad-e-Azam during a meeting led by Senior Minister of Punjab Mian Aslam Iqbal. He said that the land and resources of PLDC will be used by the government to build cheap homes in the province. He emphasised that the PLDC and PHATA serve the same purpose and that merging the two similar departments would be more efficient and easier to handle. He also said that the merger won’t cause any people to lose their jobs or their investments in projects run by the PLDC. He also asked the right people to come up with a plan for the merger and the business policies of the new department.
It’s important to remember that PLDC was set up in 2010 and given the job of making and keeping low-cost housing programs in Punjab. In 2019, the government set up PHATA as a new organization with the same goals.