Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed government’s commitment to fostering a facilitative, transparent and predictable policy environment to encourage investment, support innovation and strengthen Pakistan’s capital markets.
Aurangzeb made the remarks while chairing a virtual meeting of the Focus Group on Incentivizing and Facilitating the Growth of Real Estate Investment Trusts (REITs).
He observed that REITs provide a structured and transparent mechanism for channelizing real estate investments into productive sectors of the economy.
The minister highlighted their role in promoting documentation and supporting the formalization of the real estate, construction and development sectors, alongside improving capital allocation and economic activity.
Participants noted that while the REIT market in Pakistan has made initial progress, significant potential remains to deepen its reach through targeted policy measures and improved coordination.
Addressing procedural inefficiencies, ensuring clarity in regulatory requirements and fostering alignment among stakeholders were identified as critical to unlocking this potential.
