ANL 28.38 Increased By ▲ 0.64 (2.31%)
ASC 16.69 Decreased By ▼ -0.26 (-1.53%)
ASL 23.86 Decreased By ▼ -0.69 (-2.81%)
AVN 94.89 Decreased By ▼ -1.11 (-1.16%)
BOP 9.49 Decreased By ▼ -0.01 (-0.11%)
BYCO 9.62 Decreased By ▼ -0.17 (-1.74%)
DGKC 110.49 Decreased By ▼ -1.46 (-1.3%)
EPCL 47.53 Decreased By ▼ -1.13 (-2.32%)
FCCL 21.30 Decreased By ▼ -0.40 (-1.84%)
FFBL 27.88 Increased By ▲ 0.48 (1.75%)
FFL 19.35 Increased By ▲ 0.23 (1.2%)
HASCOL 14.31 Decreased By ▼ -0.21 (-1.45%)
HUBC 86.14 Decreased By ▼ -0.37 (-0.43%)
HUMNL 7.29 Decreased By ▼ -0.35 (-4.58%)
JSCL 31.60 Decreased By ▼ -0.68 (-2.11%)
KAPCO 40.83 Decreased By ▼ -0.82 (-1.97%)
KEL 4.11 Decreased By ▼ -0.25 (-5.74%)
LOTCHEM 16.16 Decreased By ▼ -0.29 (-1.76%)
MLCF 43.21 Decreased By ▼ -0.47 (-1.08%)
PAEL 39.84 Decreased By ▼ -0.01 (-0.03%)
PIBTL 12.99 Decreased By ▼ -0.06 (-0.46%)
POWER 11.41 Decreased By ▼ -0.27 (-2.31%)
PPL 93.69 Decreased By ▼ -0.81 (-0.86%)
PRL 23.88 Decreased By ▼ -0.37 (-1.53%)
PTC 9.32 Decreased By ▼ -0.08 (-0.85%)
SILK 1.22 Decreased By ▼ -0.05 (-3.94%)
SNGP 44.48 Decreased By ▼ -0.67 (-1.48%)
TRG 109.71 Increased By ▲ 0.73 (0.67%)
UNITY 33.11 Decreased By ▼ -0.99 (-2.9%)
WTL 1.12 Decreased By ▼ -0.02 (-1.75%)
BR100 4,856 Decreased By ▼ -9.94 (-0.2%)
BR30 24,724 Decreased By ▼ -96.85 (-0.39%)
KSE100 45,868 Decreased By ▼ -116.42 (-0.25%)
KSE30 19,061 Decreased By ▼ -87.18 (-0.46%)

ISLAMABAD: Prime Minister Imran Khan on Thursday assured investors in the construction sector of every possible facilitation, particularly those interested to invest in the Ravi Riverfront Urban Development Project and Karachi's Bundle Island project.

Chairing a meeting of National Coordination Committee on Housing, Construction and Development, the prime minister said the two mega projects would not only encourage investment of billions, but also promote other affiliated sectors and thus would prove milestones in strengthening of the economy.

The prime minister expressed satisfaction over keen interest by the investors, builders and constructors in the Ravi River Front Urban Development Project and Bundle Island project.

Imran Khan said the local investors along with overseas Pakistani investors would also be encouraged to invest and benefit from the projects.

On the Ravi Riverfront Urban Development Project, he said 90 percent of the material to be used would be indigenous, which would boost the local industry.

The meeting was attended by Information Minister Senator Shibli Faraz, special assistants Malik Amin Aslam, Lt-Gen Asim Saleem Bajwa (retd) and Dr Shehbaz Gul, Naya Pakistan Housing Authority Chairman Gen Anwar Ali Haider (retd), State Bank of Pakistan (SBP) Governor, Federal Board of Revenue Chairman and other officials.

The representatives from the construction industry and noted businessmen, including Aqeel Karim Dhedi, Arif Habib, Abbas Mukhtar, Fawad Mukhtar, Faisal Afridi, Muhammad Ahsan, Shahid Abdullah, Tariq Rafi and others attended the meeting

The businessmen appreciated the active role of SBP Governor in facilitation extended by the banks to the construction industry. The meeting also discussed the projects, including Ravi Riverfront Urban Development Project and Bundle Island with high prospects of investment.

The Punjab Chief Secretary presented the timeline of reviewing master plans of big cities, including Rawalpindi, Faisalabad, Multan, Gujranwala, Dera Ghazi Khan, Sialkot and Sahiwal.

He also apprised the prime minister about the projects related to urban regeneration in Lahore and rising trend in purchase of the construction material.