The PM incentive scheme for builders and developers seems to be picking up among the construction industry.

A total of 127 projects worth around Rs63 billion have been
registered so far under the Prime Minister’s construction industry incentives
scheme.

This figure was shared by the Federal Board of Revenue on
Tuesday.

Its press statement said that a total of 108 persons are
also in the process of registering 114 projects at a projected cost of Rs109
billion. The registered projects from major cities include 61 projects from
Karachi, 44 from Lahore, 30 from Islamabad, 19 from Rawalpindi, 10 from
Faisalabad and the rest from other cities.

The last date to register is December 31, 2020.