One of the key policy objectives of Digital Pakistan Policy is promotion of innovation, entrepreneurship and incubators/start-ups in IT sector through: Generation of sustainable innovation, entrepreneurship and employment opportunities for the country’s rapidly growing technology savvy and entrepreneurial youth. Conducting digital skills programs for the human resource development in current and emerging technology domains. Collaboration with international partners to boost innovation. Setting up venture capital funds to hold national level …
Read More »Rising property prices push influx of slums
Slums continue to increase in Pakistan’s major cities and towns as the property prices keep going up and there is no check hence major townships in the country have been converting into the slums home, to say precisely. It is unaffordable for common man to buy a property for his residence and if one resorts to banks for loan, the mark up on such loans is so high that …
Read More »Expansion of slum areas and high property prices
A major reason behind the rapid growth and expansion of slums around major cities in Pakistan is the skyrocketing prices of real estate. It is unaffordable for common man to buy a property for his residence. If one resorts to banks for loan, the mark-up on such loans is so high that he/she finds it almost impossible to payback the borrowed money. This dismal situation is promoting and encouraging …
Read More »Boom in the property development may gear up further if taxation mechanism is rationalized in Pakistan
Heavy taxes may stall investment in real estate sector Interview with Mohammad Hanif Gohar – Chairman, Association of Builders & Developers of Pakistan (ABAD) Profile Mohammad Hanif Gohar is the Chairman of Gohar Group of Companies since 1988. He is a man of exemplary vision and enterprise, having led the Group for three decades, to international shores and having proven the competency and capabilities of the Pakistani housing, …
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