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E-Build Pakistan: Pakistan’s First Ever Online Buy & Sell Construction Industry Material & Services Portal

What’s E-Build Pakistan?

E-Build Pakistan is Pakistan’s First Online Marketplace Portal to Buy & Sell Construction Material & Services that brings the country’s construction industry stakeholders and processes to a digital landscape.

From idea to execution, building the vision of EBP to a viable product was a year-long journey that will commence on 14 August 2020 when the web portal and mobile application will be made available nationwide.

E-Build Pakistan will provide national digital access to the key players in the construction industry to broaden the customer base, be a stimulator in the construction industry, open the market for new national & international construction brands to access the market, bring better products at competitive prices, help the construction industry to grow at least at 40% better rate, create online & rapid digital supply chain, connect the buyer to the supplier overriding the conventional price hikes, create employment for educated & talented youth, create dedicated income platforms for household women, contribute towards per capita income, to contribute in government National Housing Construction Schemes, to contribute in Digital Pakistan vision, create an internationally recognized construction learning programs for locally talented individuals, bringing e-learning programs for the civil, mechanical, electromechanical and architectural industry, create a competitive environment for contractors, educating the end-user, and helping them choose better suppliers & servicemen to build their dreams.

Timeline: From Concept to Reality

 

August 2019

The idea for E-Build Pakistan started from seeing a sore lack of digitalization in the construction industry all Over the world.

January 2020

After conducting research and connecting with like-minded individuals. design and development Of the EBP platform was begun.

August 2020

The platform will be ready for onboarding vendors, testing. and optimization by July. and will be launched during Pakistan’s independence day on August 14th.

October 2020

The EBP vision goes beyond business – we hope to build a thriving community. Provide relevant training. and conduct events to further Pakistan’s digital agenda.

Lower interest rates, government incentives pour investment in construction sector - Zarkon Group News Blog FAH33M
CategoriesConstruction National News News

Lower Interest Rates, government incentives pour investment in construction sector

Lower Interest Rates

LAHORE: The federal government’s decision to incentivise the construction sector has opened avenues for investments in many sectors. Pakistan Tehreek-e-Insaf (PTI) government adopted a number of measures to facilitate the sector in a bid to encourage private investment.

The government not only toned down its taxation ratio for land transfers but the measures taken to prevent several different departments’ interference and inquiries into sources of income from the investors also boosted investment in the construction sector, The Express Tribune reported on Saturday.

Since the last one month, land prices in major cities have been increasing, especially in areas where construction is allowed. Moreover, lower interest rates have also led many Pakistanis to transfer their funds from banks or savings accounts towards real estate.

According to reports, land prices of Lahore Defence Housing Authority (DHA) have increased by 30 percent in one month along with rental rates of housing properties.

Following the PTI government’s early days in office, the real estate market was in turmoil as investigations into the source of income created panic among investors and badly impacted the sector. The circulation of money stopped, and a trickle down effect was visible in nearly all other sectors of the economy as money circulation, both black and white, is much larger than any other segment of the economy.

Overseas investors now have a legal cover as well if they wish to put their money in real estate or construction sector. The State Bank of Pakistan (SBP) has also given its directions in favor of overseas investors in this sector.