ISLAMABAD: 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.
Ahsan Zafar Bakhtawari said that the Expo has come up with very good
recommendations during breakout sessions to provide shelter to all and hoped
that the government would consider implementing them to provide affordable
housing options to low-income people. He thanked the platinum, diamond and
gold partners and all the exhibitors for making the Expo a successful event.
He also thanked the Ministry of Housing & Works for partnering with ICCI to
organize the 1st International Housing Expo in these tough economic
conditions.
Secretary Ministry of Housing & Works, Iftikhar Ali Shallwani said that
organizing the 1st International Housing Expo in the current difficult
economic times was a great challenge and thanked ICCI for joining hands to
make it a successful venture. He said that the housing and construction
industry has a vital role in the development of the economy and vowed that
this Expo would be made an annual feature of the Ministry.
The first exclusive award was given to Ch. Abdul Rauf, Chairman, Fair Group.
From the platinum partners, the top five awards recipients included
Grana.com, Gandhara City, Star World, Star Marketing, Fair Deal Marketing.
From diamond partners, the top five award recipients included Taj
Residencia, Movida, KK Enterprises, Property Enclave and Crescent Lake
Tower. From gold partners, the top five award recipients included AMS Group,
Amar Builders, Gulberg Mall, R. Power, Chawla Aluminum. The awards were
given to various other categories including exhibitors and universities.
