Will the Construction Industry Revive Pakistan Economic Sector?
In April 2020, amidst the chaos of Covid-19 induced pandemic, Prime Minister Imran Khan announced an incentive package for the construction sector. The sector was given the status of “industry” by the premier and the plan was to boost economic growth and increase the employment opportunities across the country. At Continue ReadingCDA to Construct Thousands of Low-Cost Housing Units in Islamabad
In this week, the Capital Development Authority (CDA) board held a meeting with the Chairman Amer Ali Ahmed chairing the meeting. After which, it was announced that the civic authority will commence the construction of 4,400 low-cost housing units in the federal capital of Pakistan. The project will be Continue ReadingPrime Minister Imran Khan to Launch “CPEC City” Project in KPK
Federal Minister for Defence Pervez Khattak has revealed that Prime Minister of Pakistan Imran Khan would initiate development work on the Rashakai 'China-Pakistan Economic Corridor (CPEC) City' on November 18, 2020."The city will be constructed under CPEC and will consist of education and commercial zones, public Continue Reading
PM Imran Khan Announces Strong Incentives for Construction Sector
Amidst the chaos of coronavirus and to mitigate its impact on economic sector, the Prime Minister Pakistan Imran Khan has announced an incentive package for the construction sector to increase employment opportunities throughout the country.
Moreover, the premier announced that the construction sector is being given the “status of industry” from now. With
Continue ReadingConstruction Ban Lifted on Gwadar after 4 Years
Recently, the Chinese state builder China Communications Construction Company in collaboration with Pakistan's Planning Ministry and Reform and Gwadar Development Authority (GDA) has unveiled "Gwadar Smart City Master Plan". And as per plan, the port city is all set to become the next biggest trading hub of South Asia and at the same Continue ReadingFuture of Pakistan Realty Sector Bright and Prosperous
After experiencing a relative stagnant market in 2018, Pakistan economy was expected to take pace in 2019 and statistically, it was proved with time. As per official statistics, Gross Domestic Product (GDP) was increased 3.29 percent in the fiscal year of 2018-19 and reasons can be various. However, a complete shift was experienced Continue ReadingHigh-Rise Developments - An Integral Part of Lahore's Future Skyline
No matter, where do you live around the world but Lahore's charm is quite distinct. Lahore is amazing and it is impossible to forget this city, even years after your departure. A piece of your heart is left behind. That is why, the people visiting from nearby districts mostly plan to Continue ReadingGovernment Plans to Develop First Man-Made Island in Gwadar
The government has planned to develop the first-ever man-made island in Gwadar, Pakistan. The project is named "Chand Tara" and is expected to be developed at the cost of $10 billion. Chand means moon and Tara means star, which symbolize the Pakistani flag, will form the cities of the Central Business District.Continue Reading