ICCI demands extension in construction package


Observer Report


President, Islamabad Chamber of Commerce and Industry (ICCI), Sardar Yasir Ilyas Khan on Wednesday said that Prime Minister Imran Khan had announced a construction package to revive the economy, badly hit by COVID-19 pandemic.
He said that the package has started producing positive results. According to a press release, due to the short duration of the package, he said that some investors have not been able to take advantage of construction package.
He appealed before the government to extend the construction package till June 30, 2021 so that maximum investors could invest in Pakistan.
He expressed these views while addressing a delegation of the Real Estate Welfare Association led by its President Ch. Abdul Rauf and discussed issues of the real estate sector with the Office Bearers of ICCI. Sardar Yasir Ilyas Khan said that ICCI was considering holding a big exhibition to highlight the potential of the real estate sector.
He said that the development of the real estate and construction sector will help the businesses of over 70 allied industries to flourish, reduce unemployment and the economy would continue to boom. Therefore, he said that promoting this sector should be the one of the top priorities of the government.