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Monday, November 25, 2024

Home Business Constructors welcome PM decision to set up CIB

Constructors welcome PM decision to set up CIB

by admin
December 5, 2019
in Business

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Staff Reporter

Islamabad

Constructors Association of Pakistan (CAP) welcoming the Prime Minister Imran Khan’s decision of setting up of ‘Construction and Infrastructure Board (CIDB)’ has stressed the need of immediately setting up CDB and Immediate Bridge Financing facilities of all Federal and Provincial Projects by the Commercial Banks. It may be mentioned here that the Prime Minister announced setting up of this board during a meeting with a delegation of the Association recently led by its Chairman Muhammad Asad Ullah Khan. CAP leadership also thanked the premier for approving the construction sector as Industry and said that construction development bank is essential to pace up construction activities in the country.