Islamabad: The President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called on the government to take bold and practical steps to support Pakistan’s real estate and construction sector. Speaking against the backdrop of rising uncertainty in the Middle East, he urged policymakers to introduce attractive incentives that would draw foreign investment into the country’s property market at a time when investors in the region are actively looking for safer and more stable destinations.

Sardar Tahir Mehmood pointed out that the current geopolitical climate, while challenging for many, presents Pakistan with a genuine opportunity. As businesses and investors in the Middle East reassess their positions, Pakistan can step forward as a secure and profitable alternative, particularly in real estate and large-scale construction. He stressed that the government needs to act quickly and strategically to capture this moment.

The ICCI president highlighted that real estate is far more than just buying and selling property. The sector directly drives over 40 allied industries, including cement, steel, glass, tiles, electrical equipment, paints, sanitary fittings, transport, architecture, and interior design. When real estate grows, it creates a ripple effect across the entire economy, generating jobs, activating small businesses, and expanding the tax base. He noted that reviving this sector at the right time could serve as one of Pakistan’s most powerful tools for economic recovery.

With Pakistan’s urban population growing rapidly and housing demand rising across major cities, Sardar Tahir Mehmood said the country is already sitting on a strong foundation for attracting foreign capital. He specifically recommended launching special investment packages for overseas Pakistanis and investors from the Middle East, encouraging them to participate in housing projects, commercial developments, and mixed-use infrastructure schemes across the country.

To build investor confidence, the ICCI president recommended a set of clear reforms, tax incentives, simplified documentation, stronger protection of property rights, transparent regulatory processes, and the rollout of digital land record systems. He said these measures would remove the friction that often discourages both local and foreign investors from committing to large real estate projects. He also emphasised that facilitating the construction sector would create employment at every level, from engineers and architects to skilled tradespeople and daily wage workers.

Sardar Tahir Mehmood concluded by affirming that the ICCI considers a thriving real estate sector essential to Pakistan’s broader economic ambitions. The chamber, he said, will continue working alongside the government and relevant stakeholders to push for policies that attract investment, create jobs, and lay the groundwork for sustainable economic growth.

This is a positive signal for anyone invested in or considering Pakistan’s property market. As the government moves to ease the path for investors, the case for real estate in Pakistan grows stronger by the day.