Saturday , October 21 2017

Total housing assistance, loans reach AED30bn

Abu Dhabi / WAM

Housing assistance and loans provided by the Sheikh Zayed Housing Programme, since it was founded in 1999, have reached AED30 billion, revealed Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Programme.
He stressed that the government housing sector is one of the government’s priorities, as the wise leadership remains concerned about providing a dignified living to citizens. ”So far, we have built 30,000 homes, while 27 others are under construction,” he noted in a statement to mark World Habitat Day 2017.
The theme for this year is ‘Housing Policies: Affordable Homes.’
The minister said that the leadership’s interest is the reason why housing is a prominent topic, which was discussed during the annual meetings of the UAE government. The aim is to realise the goals of the UAE Centennial 2071, while considering housing a government priority to achieve happiness for the citizens, as the foundation of the UAE’s overall development process.
Dr. Al Nuaimi stated that housing is one of the basic factors in achieving security and stability for individuals, which is why it is a major part of the country’s policies. Realising the goals of these policies demands considerable efforts, including launching integrated housing programmes and transforming outdated houses to modern residences, such as integrated housing complexes. The ministry and the programme are working according to this process, he added.
He further stressed that the UAE government spares no efforts to achieve residential stability and ensure the happiness and welfare of its citizens, as part of the directives of the wise leadership.

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