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Massive Monetary Package for the Construction Industry to be Announced Today

Real Estate News
03 Apr 2020
Massive Monetary Package for the Construction Industry to be Announced Today

Islamabad: While addressing a meeting in connection with the distribution of one hundred billion rupees tax refunds amongst the businessmen in Islamabad on Thursday, Prime Minister Imran Khan said that a massive package for the construction industry will be announced on Friday to maintain the economic activity.

According to the news sources, PM Khan said that they had decided to open up the construction industry and give it the necessary incentives in order to provide job opportunities to the people. “The construction of road infrastructure does not entail the danger of the spread of coronavirus”, he added while also mentioning that the necessary SOPs will be developed to ensure the safety of the workers at the workplace.

The Prime Minister also said that the commerce industry has identified a list of industries that can work in the current situation.

The Prime Minister expressed satisfaction that the trajectory of coronavirus in Pakistan is not like that has been witnessed in other countries. He was confident that Pakistan will able to overcome this problem; however, he again stressed that the people should avoid going to the gatherings and adopt precautionary measures to stem the pandemic.

Adviser on Commerce Razak Dawood said the government fully stands by the business community and is preparing a two hundred billion rupees package for it which will soon be announced. 

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