ICCI President Stresses Importance of Reviving Real Estate Sector for Economic Growth

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ISLAMABAD
The Islamabad Chamber of Commerce and Industry (ICCI) has announced a collaborative effort with Top City-I to host the Top City-1 Expo 2025, set to take place from February 21 to 23. This announcement was made by Nasir Mansoor Qureshi, the President of ICCI, during a pre-launch event held at the S.M. Muneer Auditorium at the Chamber House, which was attended by a wide range of business leaders, stakeholders, and prominent figures from across the country.
President Qureshi, in his address, underscored the immense significance of the real estate sector to Pakistan’s overall economic development. He declared 2025 to be the “Year of Real Estate,” noting that the sector, valued at over $2 trillion, is one of the largest contributors to employment and business opportunities in the country. He explained that revitalizing this vital industry would not only benefit private enterprises but also provide a substantial boost to government revenues, which are essential for the country’s fiscal health.
The ICCI President also praised the proactive efforts of Top City-1, recognizing the initiative as a step in the right direction for addressing the sector’s challenges. He reiterated ICCI’s full commitment to fostering a business-friendly environment and supporting initiatives that drive sustainable economic growth. According to Qureshi, the revival of the real estate sector will create a ripple effect, benefitting both the private and public sectors by providing new avenues for investment, job creation, and revenue generation.
Tariq Sadiq, Chairman of the Founder Group ICCI, shared an optimistic outlook, acknowledging the government’s recognition of the negative impact of irrational taxation on the real estate market.