He visited IREA along with a delegation to congratulate Rana Arshad, newly-elected President of the Association. ICCI Vice President Tahir Ayub, Khalid Javed, Khalid Chaudhry, Chaudhry Irfan, Saif ur Rehman, Nisar Miraz, Ms Nasira Ali, M Ashfaq Chatha, Naeem Siddiqui and others were also present on the occasion.
Khalid Iqbal Malik said that government has recently given some relief to real estate sector which was insufficient to remove its difficulties. He said Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar had promised to launch a new amnesty scheme which would reduce problems of real estate sector and added that business community was still waiting for its announcement.
He urged that government should immediately reduce tax rates on real estate sector to pave way for its fast growth that would bring multiple benefits to the economy. Khalid Javed, Chairman Founder Group assured that ICCI would play its role for resolving the key issues of real estate sector.
Speaking on the occasion, Rana Arshad, President and Zulqarnain Abbasi, Secretary General of Islamabad Real Estate Association highlighted the key issues of their sector and hoped that ICCI would cooperate in addressing the same. He assured that his Association would fully support ICCI in its endeavours aimed at promoting business and economic activities.