AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has expressed its appreciation for the Caretaker Sindh Minister for Housing and Local Governments, Muhammad Mubin Jumani, commending his sincere efforts to bolster the construction industry in the province.

Minister Jumani swiftly issued on-the-spot directives to concerned departments, aiming to address the concerns of builders and developers, thereby stimulating economic activities. ABAD has eagerly called for the effective implementation of the minister’s instructions.

During a meeting with a delegation from ABAD, Minister Mubin Jumani instructed all relevant departments, including the Sindh Building Control Authority (SBCA), to eliminate obstacles and expedite the clearance of pending legal matters, such as building plan approvals and project completions, within a timeframe of fifteen days.

The minister emphasized that all actions taken by the caretaker government should be transparent and accessible to the general public.

Chairman ABAD Asif Sumsum lauded the caretaker minister for his proactive stance on the construction industry, which is currently facing a multitude of challenges.

He stressed the urgency of immediate measures to revitalize the construction sector, which serves as a crucial driver for job creation, housing provision, and the support of over seventy allied industries. He further expressed full support for the current caretaker administration in Sindh, acknowledging their commitment to economic improvement.

Highlighting the nationwide housing shortage, Chairman ABAD pointed out that Pakistan is grappling with a deficit of over 12 million houses, with the highest demand concentrated in Karachi and other urban centers of Sindh.

Copyright Business Recorder, 2023

Comments

Comments are closed.