Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 17/06/2011
Author
Published By Zaigham Mahmood Rizvi,
Edited By Suneela Farooqi
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ROLE OF CONSTRUCTION INDUSTRY IN ECONOMY IN PAKISTAN

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Document Type: General
Publish Date: 2011
Primary Author: Zaigham Mahmood Rizvi,
Edited By: Suneela Farooqi
Published By: Zaigham Mahmood Rizvi,

This presentation is based on the role construction industry in the country’s economy. This presentation focuses on the role of residential real estate in the economy. The construction sector covers Real Estate, Residential real estate (retail & wholesale), Commercial real estate (office, markets etc), Industrial buildings, and Infrastructure. In developed world the real estate sector contributes to the growth and development of 71 CMIs. Contribution to GDP is 7-10%. In developing world, its contribution spreads over about 42 CMIs. Contribution to GDP is 3-6%. The main industries are steel, cement, wood, electrical, ceramics etc.

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