AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,941 Increased By 103.5 (1.32%)
BR30 25,648 Increased By 196 (0.77%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)

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.