A construction development policy to formulate for facilitating all stakeholders: PM

News Image

MG News | November 28, 2019 at 10:09 AM GMT+05:00

0:00

November 28, 2019: A delegation of Construction Association of Pakistan, headed by Eng. Mr Arshad Dad Khan, called on Prime Minister Imran Khan at PM Office Wednesday. Minister for Planning Mr Asad Umar was also present during the meeting.

The delegation appreciated the vision of the Prime Minister in approving the construction sector as 'industry' and the steps being taken by the present government towards meeting the existing demand for low-cost housing in the country.

While briefing the Prime Minister about the issues being faced by the constructors, the delegation proposed various steps to address these issues. These included the establishment of Construction and Infrastructure Board, setting up of Office of Procurement Ombudsman, capacity building of local construction industry, revisiting tax regime, review of laws and audit procedures and lack of standardization etc.

The Prime Minister welcomed the suggestions and observed that the present government is committed to providing an enabling environment to the construction industry. The Prime Minister approved, in principle, the establishment of the Construction and Infrastructure Board which he said would be instrumental in addressing the issues being faced by the constructors.

The Prime Minister also directed Secretary Planning to formulate a construction development policy for facilitating all stakeholders including contractors, clients and consultants. The Prime Minister observed that the present government is focusing on employing technology and making the processes digital to reduce human interface, eliminate corruption and ensure transparency in all business activities.

The delegation included Mr Asad Ullah, Eng. Kamal Nasir, Mr Ayub Sheikh, Eng. Attah Ullah Khan, Mr Aftab Siddiqui, Ch. Habib Kanwal, Mr Yaqoob Izhar and Mr Ikram Ch.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg