ISLAMABAD.The prime minister’s incentive scheme for builders and developers has started to pick-up momentum , showing encouraging sign of interest by the construction industry. According to the Federal Board of Revenue (FBR) as of October 16 , 2020, 127 projects have been registered with it witj total projected cost of Rs.63 billion.
In addition it, another 108 projects are also in the process of registeration at projected cost of Rs.109 billion.
The registered projects from major cities include 61 projects from Karachi, Lahore 44, Islamabad 30, Rawalpindi 19, Faisalabad 10 and rest from other cities. The last date for registering projects under the scheme is December 31, 2020.
