LAHORE: Chairman Vision Group Abdul Aleem Khan has said that the government needs innovative and creative housing solutions to bridge the gap of rising housing shortage and stressed that the government should amend building byelaws to encourage innovative constructions as current building laws were a major hurdle in vertical growth, which is the future need of the country.
He said that the condition of real estate is the yardstick to judge the growth of a country as when real estate grows the country grows and when the real estate is in slump, it means that the economy is in trouble.
Abdul Aleem Khan stated this while addressing as Chief Guest at the Awards Distribution ceremony of the 1st International Housing EXPO 22 organized by Ministry of Housing & Works in collaboration with Islamabad Chamber of Commerce & Industry at Jinnah Convention Centre, Islamabad from December 8-11, 2022, which ended on a high note.
The Chairman Vision Group said that Dubai has achieved historic development in the last 20 years by encouraging vertical growth in construction and said that Dubai should be the role model for Pakistan.
Aleem Khan said that Abu Dhabi, Sharja, Qatar etc. have achieved great economic growth by focusing on the construction industry and said that Pakistan needs a vision to promote the construction industry to revive its economy as this industry boosts the growth of roughly 100 allied industries.
He appreciated the Ministry of Housing & Works and ICCI for organizing such a wonderful housing expo.
Speaking at the occasion, President Islamabad Chamber of Commerce & Industry (ICCI) Ahsan Zafar Bakhtawari said that many big players of the housing and construction sector are developing good housing projects and the purpose of organizing the Expo was to provide them a good platform to market their projects. He said that the Expo has also provided the people an excellent opportunity to see the housing products of latest trends that help them in building smart and energy efficient houses.
