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Gulf Press > Gulf > Bahrain > MPs advocate for establishment of partnership between government and private sector to finance renovation of run-down homes
Bahrain

MPs advocate for establishment of partnership between government and private sector to finance renovation of run-down homes

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Last updated: 2024/11/04 at 10:50 AM
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A proposal advocating for the establishment of a fund to support dilapidated homes is set to be debated in the Council of Representatives, with a focus on joint government and private sector funding. The initiative, put forth by several MPs, aims to provide safe and suitable housing for low-income families who are unable to afford home repairs or reconstruction. It emphasizes the importance of family stability and aligns with the mandate of the Bahraini Constitution to provide suitable housing for all citizens.

MP Hassan Ebrahim, a key proponent of the proposal, highlighted the success of a previous programme for dilapidated homes that significantly improved the lives of many Bahraini families. He noted that current social welfare programmes for home repairs often have limited budgets and are subject to funding freezes, leaving many families in need. A dedicated fund would provide the necessary resources for rebuilding and renovating dilapidated homes, addressing cases left incomplete by governmental bodies.

The proposal also aims to foster collaboration between the government and banks, encouraging the private sector’s participation in corporate social responsibility programmes. This public-private partnership is seen as a major step towards sustainable community development and economic stability for low-income families. By securing safe housing through the establishment of a joint fund, the initiative seeks to enhance the well-being of those in need and alleviate the burden of inadequate living conditions.

MP Ebrahim stressed the importance of establishing a dedicated fund for dilapidated homes, citing the success of a previous programme that completed over 2,000 homes across all governorates. This initiative aims to continue the government’s commitment to supporting low-income families and ensuring their economic and psychological stability through secure housing. By providing resources for rebuilding and renovating dilapidated homes, the proposal seeks to address the needs of those who are often overlooked by existing social welfare programmes.

The proposal’s memorandum emphasizes the urgent need for a fund to support dilapidated homes in Bahrain, as existing programmes often fall short in meeting the demands of affected families. By advocating for joint government and private sector funding through banks and insurance companies, the initiative aims to revitalize a successful programme that has positively impacted many Bahraini families. Through collaboration and a strong public-private partnership, the proposal seeks to create a sustainable solution for improving housing conditions and promoting community development.

In conclusion, the proposal calling for the establishment of a fund to support dilapidated homes in Bahrain is a crucial step towards providing safe and suitable housing for low-income families. By securing joint government and private sector funding, the initiative aims to address the inadequacies of existing social welfare programmes and improve the lives of those in need. Through collaboration and a commitment to sustainable community development, the proposal seeks to enhance the economic and psychological stability of Bahraini families by ensuring access to secure housing.

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News Room November 4, 2024
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