ISLAMABAD:Prime Minister Imran Khan Friday reiterated his government’s resolve to continue facilitating the construction industry in order to create wealth and boost the country’s exports.
The prime minister, addressing the inaugural ceremony of three-day ICCI Pakistan Property, Housing and Construction Expo 2021 here, said the government had removed many impediments though some more obstacles were still confronting the construction sector.
Minister of State for Information Farrukh Habib, Special Assistant to PM Dr Shahbaz Gill, Chairman Naya Pakistan Housing and Development Authority Lt General (Retd) Anwar Ali Haider, President Islamabad Chamber of Commerce and Industry Sardar Yasir Ilyas attended the event.
The expo featured the pavilions of the commercial banks, Board of Investment, State Bank of Pakistan, companies and businesses related to the construction industry, including real estate developers, marketing firms, cement, marble, tiles, electronics, cable and many others.
Moreover, the educational institutes had also presence there as the event also aimed at promoting the industry-academia linkage.
The prime minister, who also took a round of the expo, urged the business sector to ensure availability of the raw material of construction industry in order to reduce the import bill.
He said with introduction of housing finance facility by the government for the low-income group, the country’s 220 million population would become an asset as the construction of houses would positively impact all allied industries.
He said unfortunately, the previous governments never thought of the poor segment but the incumbent government had opened the avenue.
The prime minister said in light of the Madina State Model, the government was striving to uplift the low-income group.
Exemplifying China and India, he said the former had steered around 800 million people out of poverty by uplifting the poor while the latter failed to do so as the elite had captured the economy there.
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