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The 7th edition of BUILD PAKISTAN exhibition will take place on 3rd – 5th September 2020 at Lahore Expo Center. The event will deliver a powerful combination of senior decision makers and purchase influencers from across Pakistan’s industrial, commercial and public sectors. With a compelling range of unique educational content available to the visitor and a wide and varied exhibitor offering, this is the “must attend” event for all professionals related to construction industry.
BUILD PAKISTAN is a unique and unmissable setting allowing brands to reach a wide array of audience and the people who can make real decisions about the suppliers they take on.
The construction industry is playing an important role in economic growth of Pakistan. Recent estimates published in the Economic Survey of Pakistan show that the industry grew 9.1% in FY17 and contributed 2.7% to the country’s gross domestic product (GDP).BMI Research has also provided a healthy growth outlook for the sector, putting it at 11.8% annually from 2016-20 and 9.1% over 2016-25.
The signing of the China-Pakistan Economic Corridor (CPEC) agreement and improvement in the country’s security situation have been the key to giving boost to the construction industry. The sector has also been an important recipient of foreign direct investment (FDI). This can be judged from the latest figures provided by the State Bank of Pakistan, which show that the construction industry received a net inflow of $35.7 million in August 2017.
How attractive the industry is perceived to be for foreign investors can be gauged from the fact that in the current fiscal year from July-August FY18 the industry has received $55.7 million relative to $1.6 million in the same period of last year. Locally, investment has also been boosted by government policies such as reduction in duties and taxes on building materials like steel, construction machinery and equipment and computerisation of land ownership records.