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The construction and real estate sector is a cornerstone of Pakistan’s economy, contributing significantly to GDP growth and employment. This industry includes infrastructure projects, residential and commercial real estate development, and consultancy services. As Pakistan’s population grows and urbanization accelerates, the sector continues to meet increasing demands for housing, offices, and public spaces, playing a critical role in shaping the country’s urban and rural landscapes.
The demand for modern and sustainable construction practices is growing as developers focus on energy-efficient buildings and eco-friendly materials. Innovative building technologies and smart solutions are being adopted to optimize resources and reduce environmental impacts. These advancements are transforming the way projects are designed and executed.
The sector is a major employer, providing jobs in construction, project management, and real estate services. It also stimulates economic activity in related industries, such as cement, steel, and construction materials. The influx of both domestic and foreign investment further boosts growth and development.
With the government focusing on infrastructure development and housing schemes, the construction and real estate sector is set to expand. Smart cities and public-private partnerships are expected to pave the way for a new era of growth, attracting global investors and fostering urban development.
Kreston Hyder Bhimji & Co. is a well-respected chartered accountant firm based in Pakistan. With over 53 years of experience in the industry, the firm has a deep understanding of the local business landscape and regulatory environment.
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