Incentives to encourage the housing sector are welcomed
LAHORE: A special meeting of the Executive Board of the Engineers Study Forum was held here on Monday.
Mian Fazal Ahmad, president of the forum, welcomed the incentives announced by Prime Minister Imran Khan to strengthen the construction sector which includes related companies. The lock in force needs to be relaxed. Instead public education through the media can be improved for protection of Covid-19. To achieve definite positive results from the vitality of the construction sector, it is very important that the federal and provincial governments identify construction projects to participate by the construction sector, he said.
The Engineer Study Forum shows that federal and provincial governments can announce vital construction projects on BOT, BOOT, BLT or other recognized modes needed for various fields of housing, water supply, telecommunications and power development, etc. Where the construction sector can participate, especially on the basis of public private partnerships. For approval of housing projects, approval procedures need to be simplified to accelerate construction activities in the sector, he said.
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