How attractive the industry is perceived to be for foreign investors can be gauged from the fact that the construction industry in Pakistan is to grow by 7% in real terms in 2022, following a 2.9% growth in 2021; this is an upwards revision from the previous projection of a 5.1% growth in 2021.
According to the preliminary estimates of the Pakistan Bureau of Statistics (PBS), the total value of the country’s exports rose by 44.2% in the first four months of 2022, increasing from PKR1.4 trillion (US$8.5 billion) between January and April 2021 to PKR2 trillion (US$12.2 billion) between January and April 2022.
The construction industry is playing an important role in economic growth of Pakistan. Business Monitor International (BMI) research has provided a healthy growth outlook for the construction industry and forecasted a growth rate of 9.1% over the time period of 2016-2025
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