Chairman Association of Builders and Developers of Pakistan (ABAD) Mohsin Sheikhani has appreciated the tax breaks given by the government to the construction industry. In a press statement released earlier he said that this is a historic package for the construction industry of Pakistan and this package will prove a turning point for the economy of the country. These historic tax reforms will truly change the course of history for Pakistan driving a new soul in the dormant industries of the country.
ABAD has been demanding incentives for the construction industry for quite some time now because more than 70 allied industries are depending on construction sector. He said that we are indebted to Prime Minister for announcing this package which will result in revival of the construction industry.
“We wholeheartedly grateful to the Prime Minister and also request him to announce an universal policy for approval of building plans throughout Pakistan so builders and developers can start construction as early as possible” he said.