ABAD lauds ordinance for construction industry by federal govt

KARACHI: Chairman Association of Builders and Developers of Pakistan (ABAD) Mohsin Sheikhani, has lauded the approval of an ordinance for the construction industry by the federal government.

In a statement issued today (Friday), Chairman ABAD said that this initiative of Prime Minister Imran Khan was historic for the development of the national economy.

He further said that the construction industry was considered as the backbone for the economy all over the world, adding that construction industry in Pakistan was the second largest job provider after agriculture.

He also said that Prime Minister Imran Khan has proved himself as a visionary leader by announcing the historic package for this industry.

Chairman ABAD said that they had been demanding such an incentive for a long time as no one was giving importance to the construction sector.

“However, the present government of Imran Khan, through this historic package, has proved demands of ABAD were genuine,” he added.

Chairman ABAD also thanked the Prime Minister and his team and said that all sectors of the economy will flourish under this government.

He also appealed people, especially linked with the construction industry, to follow directions of federal as well as provincial governments regarding coronavirus pandemic.