The Board of Investment held an investment seminar on the “Construction and Housing for Sustainable Development” in Dubai. The Board of Investment organized a seminar on construction and encouraged investors to explore the housing sector. The investors participating in the seminar were told that Pakistan’s annual demand for housing had been estimated to be 700,000 but only less than half of the demand was currently being met.
BOI’s secretary Fareena Mazhar encouraged the investors by telling them that the housing sector has a lot of opportunities and incredible tax-based rebates under tax laws amendment ordinance 2020 and incentives and facilitation in project approvals through one-window operation under the Naya Pakistan Housing and Development Authority (NAPHDA).
