The construction industry in Pakistan is expected to grow by about 92% in the next seven years from Rs1,409 billion in FY20-21 to Rs2,706 billion by FY2029. The contribution of the construction industry in Pakistan to the country’s GDP in FY2021 was Rs1,409 billion, compared to Rs1,231 billion in FY2020.
The construction industry in Pakistan constitutes 7.61% of the total labor force and also is a catalyst for over 42 sub-sectors such as steel, cement, bricks, aluminum, cables, fixtures, glass, kitchen and bathroom fittings, marble, paint, ceramic tiles, transportation, warehousing, and wood.
Due to the growing population in Pakistan at the rate of 2.4%, there has been an increase in demand for houses and infrastructure projects which contributes to the increased demand in the construction industry in Pakistan.
One of the significant impacts of the Pakistani construction industry’s growth is visible in the other sub-sectors of the construction industry including cement, aluminum, brick, cables, fixtures, glass, kitchen and bathroom fittings, marble, paint, steel, tiles, transportation, warehousing, and wood.
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