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Support to construction industry helps in improving economy of the country: Muhammad Ahmad Waheed

Islamabad, August 03, 2020 (PPI-OT): Muhammad Ahmed Waheed, President of Islamabad Chamber of Commerce and Industry said that government has announced a number of incentives to boost construction industry, which would help in moving wheel of economy and to accelerate economic activities in the country. He expressed these views at the occasion of Retailer’s Day and also congratulated the President of Federation of Realtors, Sardar Tahir Mehmood and Chairman, Ijaz Khan and General Secretary of Real Estate Association, Chaudhry Zahid Rafique on Memorial Day of realtors.

Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce and Industry said that government in order to encourage the construction sector, has announced an amnesty scheme, which was a positive move of the government. He lauded that by supporting the construction industry and giving them incentives, a number of job opportunities would be created, as about sixty other industries were associated with this industry. He hoped that people engaged in the construction industry would get advantage of the package that would not only boost the construction activity but also help in reducing unemployment in the country.

Muhammad Ahmed Waheed said that investors should take full advantages of the scheme and make maximum investments before the last date of incentive package i.e. December 31, 2020. He was hopeful that through this scheme, local investment in construction sector would increase and people would buy and construct houses at affordable prices. He emphasized to get maximum benefits of this scheme that would ultimately help people in buying houses at reasonable prices and to help a large segment of people associated with this and allied industry.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1, Islamabad, Pakistan
Tel: +92-51-2250526, 2253145, 8432676
Fax: +92-51-2252950
Email: icci@brain.net.pk, info@icci.com.pk
Website: www.icci.com.pk