AGL 40.60 Increased By ▲ 0.57 (1.42%)
AIRLINK 127.85 Increased By ▲ 0.15 (0.12%)
BOP 6.70 Increased By ▲ 0.09 (1.36%)
CNERGY 4.47 Decreased By ▼ -0.13 (-2.83%)
DCL 8.90 Increased By ▲ 0.11 (1.25%)
DFML 41.48 Decreased By ▼ -0.10 (-0.24%)
DGKC 86.35 Increased By ▲ 0.56 (0.65%)
FCCL 32.60 Increased By ▲ 0.11 (0.34%)
FFBL 64.81 Increased By ▲ 0.78 (1.22%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 113.20 Increased By ▲ 2.43 (2.19%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.35 Decreased By ▼ -0.10 (-1.34%)
MLCF 40.59 Increased By ▲ 0.07 (0.17%)
NBP 61.25 Increased By ▲ 0.20 (0.33%)
OGDC 196.50 Increased By ▲ 1.63 (0.84%)
PAEL 27.09 Decreased By ▼ -0.42 (-1.53%)
PIBTL 7.32 Decreased By ▼ -0.49 (-6.27%)
PPL 154.65 Increased By ▲ 2.12 (1.39%)
PRL 26.32 Decreased By ▼ -0.26 (-0.98%)
PTC 16.25 Decreased By ▼ -0.01 (-0.06%)
SEARL 88.15 Increased By ▲ 4.01 (4.77%)
TELE 7.78 Decreased By ▼ -0.18 (-2.26%)
TOMCL 36.30 Decreased By ▼ -0.30 (-0.82%)
TPLP 8.85 Increased By ▲ 0.19 (2.19%)
TREET 16.60 Decreased By ▼ -1.06 (-6%)
TRG 62.70 Increased By ▲ 4.08 (6.96%)
UNITY 28.60 Increased By ▲ 1.74 (6.48%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 10,137 Increased By 137.1 (1.37%)
BR30 31,420 Increased By 417.8 (1.35%)
KSE100 95,094 Increased By 902 (0.96%)
KSE30 29,551 Increased By 349.9 (1.2%)

This is the first instance that ABAD is holding an international exhibition of the building and development industry. A housing industry expo at such a large scale was never held in Pakistan though exhibitions of engineering and architecture were hosted in the past.
ABAD is holding the expo with an objective to create more awareness about the importance of this field. We want to tell the people that the construction sector helps run numerous allied industries and provides employment to hundreds of thousands of people. We want to highlight that there is a shortage of eight million housing units in the country, the annual demand is 0.5 million units and we are making 0.2 million, leading to a perennial deficit of 0.3 million homes per year.
We had planned ABAD Expo on Independence Day to join the nation in the celebrations with a message that it is time to give construction industry a new face, let the government solve the issues of construction sector and let us show the real potential of this sector, we hope this Independence Day marks the beginning of a new era for the building and construction industry.

Copyright Business Recorder, 2014

Comments

Comments are closed.