Construction sector

Reforms for construction sector

CONSTRUCTION SECTOR, PM ANNOUNCES RELIEF PACKAGE

Fulfilling a major demand of the construction industry, Prime Minister Imran Khan Thursday granted one-year extension in date for the fixed tax regime, till Dec 31, 2021. He made this decision to boost economic activity and create employment opportunities. PM made the announcement after chairing a review meeting on progress in the construction sector. In addition, he termed the extension a New Year gift...

Cement and steel prices

CEMENT AND STEEL PRICES CONTINUE TO INCREASE

CEMENT AND STEEL PRICES INCREASE Due to COVID-19, just like other commodities, cement and steel prices have also increased unexpectedly. As a result, it is slowing down the construction activities in Pakistan. Amreli Steels has announced a hike in the price of rebars by RS5000 per ton. In addition to an increase of Rs5000 per ton announced earlier during the month, said JS Global analyst Arsalan Ahmed in...

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