UAE companies to invest $25 billion in real estate industry.
KARACHI:
A conglomerate of real estate companies from United Arab Emirates is planning to invest 20 to 25 billion dollars in Pakistan's real estate sector. This was announced by a strong delegation of various UAE-based Pakistani real estate companies including ALMIR, Habib Group and Mark Stone, led by Sardar Qaiser Hayat, Advisor to the Government of Pakistan for the Care of Overseas Pakistanis in the Gulf.
Govt.
Said that investment from UAE-based real estate companies in Pakistan's construction industry will bring prosperity in Pakistan and Pakistanis will get''massive housing and construction projects in Pakistan.
Authority Business Recorder, 2023
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