127 projects worth Rs. 63 billion registered under PM”S construction industry incentives scheme

Islamabad, October 21, 2020 (PPI-OT):The Prime Minister’s incentive scheme for builders and developers is now picking-up showing definite signs of success and great amount of interest by the construction industry. According to the released information by Federal Board of Revenue, till 19th October, 2020, a total of 127 projects have been registered with a total projected cost of Rs.63 billion.

In addition, a total of 108 persons are also in the process of registering 114 projects at a projected cost of Rs.109 billion. The registered projects from major cities include 61 projects from Karachi, Lahore 44, Islamabad 30, Rawalpindi 19, Faisalabad 10 and rest from other cities. The last date for registering projects under the scheme is December 31, 2020.

For more information, contact:
Second Secretary (Public Relations)
Federal Board of Revenue (FBR)
FATE Wing, Federal Board of Revenue,
Constitution Avenue, Sector G-5,
Islamabad, Pakistan
Phone: +92-51-9217267
Fax: +92-51-9208456
Email: mujeeb.talpur@fbr.gov.pk, talpur35@gmail.com
Website: https://www.fbr.gov.pk/