The government policy of ease of doing business for foreign investors in real estate sector would considerably increase foreign remittances by overseas Pakistanis. This has been stated by Chairman Imarat Group Shafiq Akbar here on Friday while discussing the potential of foreign investment in real estate sector at a function.
Shafiq Akbar stated that over nine million overseas Pakistanis remit forty billion US dollars annually. These remittances can exponentially grow with policies and regulations that promote ease of doing business in Pakistan. Imarat Group of Companies is committed to the realization of full investment potential of Pakistani property sector. He said that the government is committed to promoting the real estate sector and facilitating the overseas Pakistanis to invest in the country's real estate sector to boost remittances and maximising revenues.
The government values the importance of real estate sector for driving the national economy and we are fully committed to providing all possible facilitation and incentives to boost investment in this sector, he added. At the occasion, Director Graana.com Farhan Javed said the real estate is getting smarter every day. Graana.com is leading the integration of smart technology across concept, design, and construction and trading in Pakistani real estate market.
Later, the executive members of Imarat Group enjoyed a Sufi night gala last evening. Famous folk and Sufi singer Sanam Marvi had the audiences sway to her soulful performance. Chairman Shafiq Akbar and President Major General (r) Muhammad Saad Khattak of Imarat Group of Companies greeted the executive members. The management of Imarat Group thanked the executive members for their trust and investment in various commercial projects.
The executive members were updated on progress of current projects and given a first look into new projects by Imarat Group. Imarat membership cards were also revealed at the occasion. These membership cards entitle the executive members to exclusive incentives and discounts across a broad spectrum of top tier retail brands. Imarat membership cards will also open doors to exclusive discounts across Imarat Group's projects.
Imarat Sufi Night Gala is a first in a long lineup of investor roadshows by Imarat Group of Companies. The management of Imarat Group will keep its valued investors updated on progress of current projects and reveal new ones in times ahead.