Government to provide conducive environment to local construction industries: Makhdum Khusro Bakhtyar

December, 07 2018 (MLN): Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has underlined that the government is undertaking various measures to provide conducive and friendly environment to local industries enabling them to grow and enhance their capacity to boost the national economy.

According to a press release, the Minister held a meeting with the delegation of Constructors Association of Pakistan (CAP), where he said that the government is determined to resolve issues of the local construction industries by providing them enabling environment and level playing field as they are the important partners in development of the country.

The minister said that construction industry can play an important role in implementing the government’s vision to construct 5 million houses for low income groups, adds the press release.

In this regard, the construction industry can coordinate with Housing Task Force to bring the government’s resolve to fruition, stated the minister.

As per the bulletin, during the meeting, the delegation requested for establishing Construction and Infrastructure Development Board under the Ministry of Planning for immediate redressal of their issues.

Moreover, the delegation also called for support in securing international contracts for export of construction services, in this regard, a proposal for establishing a ‘Construction and Infrastructure Development Bank’ also came under discussion which would provide financial support on the lines of Agriculture Development Bank of Pakistan.

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Posted on: 2018-12-07T10:15:00+05:00