Top builders commit economic activity upto Rs1.3 trillion in next 4-5 months

Islamabad, July 31, 2020 (PPI-OT): National Coordination Committee on Housing, Construction and Development has turned out to be a morale booster for the builders and developers who are completely satisfied with the support being provided by the government in resolving their issues providing them a conducive environment for undertaking greater activities in the construction sector.

The assurance was made during weekly meeting of National Coordination Committee on Housing, Construction and Development held in Islamabad with Prime Minister Imran Khan in the chair.

With enhanced satisfaction level, 13 leading builders of the country assured the Prime Minister of launching various projects during next 4-5 months that will generate economic activities upto 1.3 trillion rupees and addition of 100,000 housing units.

Besides all Chief Secretaries of the provinces leading builders and developers from Karachi, Islamabad and Lahore attended the meeting to represent Association of Builders and Developers of the country.

The Prime Minister appreciated Governor State Bank for its proactive role in encouraging private banks to extend much-needed support to the construction sector.

The builders and developers assured the Prime Minister that the present system will help expeditious resolution of their issues and pending approvals enabling them to undertake projects worth billions of rupees. The Prime Minister while expressing satisfaction over the confidence of the builders community reiterated the commitment of the government to provide every possible facilities to the construction sector.

He observed that big cities serve as engine of growth and offer huge opportunities to the builders and developers. He said increased construction activities will help wealth and job creation which will enable the country to gain economic stability and reduce its debt burden.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557