Builders want all stakeholders on board

Officials say it will boost local industry and aid in exporting services


​ Our Correspondent May 03, 2020
PHOTO: REUTERS/FILE

LAHORE: Constructors Association of Pakistan (CAP) and Association of Builders and Developers (ABAD) has urged the government to provide representation to all stakeholders of the construction supply chain in the proposed Construction Industry Development Board (CIDB) to boost the construction industry not only locally but also help the industry achieve earnings of $10 billion by exporting its services.

CAP Chairman Asadullah Khan in a statement issued on Saturday said that he regretted that the Pakistan Engineering Council (PEC) has rejected the idea of setting up of CIDB for promotion of construction industry besides announcing a package for developers and builders.

He stated that the contractors have repeatedly requested to resolve all the issues by sitting together.

“Construction contracting is a business and no professional council is authorised to regulate or issue a license to any business,” Khan demanded that local construction sector should be given preference over foreign firms. 

Published in The Express Tribune, May 3rd, 2020.

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