Some obstacles challenging construction sector: PM

Some obstacles challenging construction sector: PM

ISLAMABAD: Prime Minister Imran Khan has said that the government has removed many barriers but some more obstacles were challenging the construction sector.

Prime Minister Imran Khan attends the inaugural ceremony of the three-day ICCI Housing Property, Housing and Construction Expo 2021 on Friday, to continue facilitating the construction industry for creating wealth and boost the country’s exports.

Minister of State for Information Farrukh Habib, Special Assistant to PM Dr. Shahbaz Gill, Chairman Naya Pakistan Housing and Development Authority Lt General (Retd) Anwar Ali Haider, President Islamabad Chamber of Commerce and Industry Sardar Yasir Ilyas also attended the event.

The expo featured the pavilions of the commercial banks, Board of Investment, State Bank of Pakistan (SBP), companies, and businesses related to the construction industry, including real estate developers, marketing firms, cement, marble, tiles, electronics, cable, and many others.

The educational institutes were also present there with aim of promoting the industry-academia linkage.

The prime minister urged the business sector to ensure the availability of raw materials in the construction industry to reduce the import bill.

He said introducing the housing finance facility by the government for the low-income group, that the country’s 220 million population would become an asset as the construction of houses would positively impact all allied industries.

He further said that unfortunately, the previous governments never thought of the poor segment but the government had opened the avenue.

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