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Home Business

Construction sector difficulties are not taking name of decreasing: ABAD chief

Daily Dateline Islamabad by Daily Dateline Islamabad
October 17, 2022
in Business
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Construction sector difficulties are not  taking name of decreasing: ABAD chief
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News Report

KARACHI: Former Chairman of Association of Builders and Developers (Abad), former Senior Vice President of FPCCI and Secretary General United Business Group (UBG) Southern Zone Muhammad Hanif Gohar has said that the construction sector facing the difficulties of the cement sector have increased by 30 rupees per Bag and the price of one Bag of cement has exceeded 1 thousand rupees. However, the poor man is now unable to fulfill his dream of a house despite his best efforts.
Speaking to the media on Monday, he said that in the last six months, the dollar went up to 250 rupees twice against the rupee, now the dollar has decreased from 250 rupees to below 220 rupees, while in the open market it has also gone from 225, the dollar is cheap.
Despite this, the price of lead and cement has not been reduced, the price of lead per ton is also close to two lakh 20 thousand rupees. It is going, if the construction sector works then millions of jobs are also available, we appeal to our government to take steps to reduce the price of cement when the dollar is cheap so that the construction sector can run.
Hanif Gohar said that there was a boom in the construction industry in the previous government and lakhs of people got employment, but the current government did not take positive steps for the construction industry, due to which the ongoing projects have also stopped.
When asked for his opinion in this regard, he said that if the government takes steps to reduce the increase in the price of cement and cement and provides facilities to the construction sector, then the wheel of the construction sector will start turning again and the unemployed youth Employment will be available.
Muhammad Hanif Gohar while appreciating the efforts of Sindh Police especially Karachi Police for peace and order in Shahr-e-Quaid, said that Inspector General Ghulam Nabi Memon, Additional IG, Javed Alam Odhu and all senior officers and youths are controlling the law and order situation.

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