{"id":64716,"date":"2020-04-27T14:15:44","date_gmt":"2020-04-27T09:15:44","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64716"},"modified":"2020-04-28T15:55:21","modified_gmt":"2020-04-28T10:55:21","slug":"construction-industry-development-board-operate-autonomous-body-draft-bill-prepared","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/construction-industry-development-board-operate-autonomous-body-draft-bill-prepared.html","title":{"rendered":"Construction Industry Development Board to operate as an autonomous body; draft bill prepared"},"content":{"rendered":"\n<p>Islamabad: The Ministry of Planning &amp; Development has announced its decision to establish an autonomous \u2018Construction Industry Development Board\u2019 (CIDB), a news source reported. To this effect, the ministry has provided a notification for the draft of the \u2018CIDB Bill 2020\u2019.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/relief-concessions-construction-industry-buffer-pakistan-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">Relief concessions for construction industry to buffer Pakistan\u2019s economy against major blows: Moody\u2019s<\/a><\/p>\n\n\n\n<p>The ministry aims to promote and facilitate the private construction industry through the <a href=\"https:\/\/www.zameen.com\/forum\/discussions\/property_updates\/govt_planning_a_construction_industry_development_board-33178.html\" target=\"_blank\" rel=\"noreferrer noopener\">establishment of CIDB<\/a>. The board will also help encourage investments, along with safeguarding existing ones, within the infrastructure sector. It will also set up a one-window facility for the industry stakeholders.<\/p>\n\n\n\n<p>CIDB will have its main office in Islamabad, with regional offices established in other cities as it may find appropriate. The board will have the authority to prescribe standards of construction from time to time. Additionally, it may register and keep a roster of construction sector professionals in a bid to maintain standards of performance and services, along with regulating human resources.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/construction-relief-package-to-trigger-investment-pkr-60bn.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction industry relief package expected to trigger business activity worth PKR 60bn<\/a><\/p>\n\n\n\n<p>Moreover, the CIDB will comprise a 16-member Executive Council. This will include a chairman, who will be a nominee of the prime minister and a professional from the private sector \u2013 not within the scope of a public employee (in service to Pakistan, any province, or elected representative). The ministry will decide and transfer the administrative control of the board after its establishment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Ministry of Planning &amp; Development has announced its decision to establish an autonomous \u2018Construction Industry Development Board\u2019 (CIDB), a news source reported. To this effect, the ministry has provided a notification for the draft of the \u2018CIDB Bill 2020\u2019. Read: Relief concessions for construction industry to buffer Pakistan\u2019s economy against major blows: Moody\u2019s The ministry aims to promote and facilitate the private construction industry through the establishment of CIDB. The board will also help encourage investments, along with safeguarding existing ones, within the infrastructure sector. It will also set up a one-window facility for the industry stakeholders. CIDB will have its main office in Islamabad, with regional offices established in other cities as it may find appropriate. The board will have the authority to prescribe standards of construction from time to time. Additionally, it may register and keep a roster of construction sector professionals in a bid to maintain standards of performance and services, along with regulating human resources. Read: Construction industry relief package expected to trigger business activity worth PKR 60bn Moreover, the CIDB will comprise a 16-member Executive Council. This will include a chairman, who will be a nominee of the prime minister and a professional&hellip;<\/p>\n","protected":false},"author":68,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[27362],"persona":[],"class_list":{"0":"post-64716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-details-on-construction-industry-development-board-to-operate-as-an-autonomous-body-draft-bill-prepared","9":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Construction Industry Development Board to operate as an autonomous body; draft bill prepared - Zameen News<\/title>\n<meta name=\"description\" content=\"The Ministry of Planning &amp; Development has announced its decision to establish an autonomous \u2018Construction Industry Development Board\u2019 (CIDB).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/construction-industry-development-board-operate-autonomous-body-draft-bill-prepared.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction Industry Development Board to operate as an autonomous body; draft bill prepared - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Planning &amp; Development has announced its decision to establish an autonomous \u2018Construction Industry Development Board\u2019 (CIDB).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/construction-industry-development-board-operate-autonomous-body-draft-bill-prepared.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-27T09:15:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-28T10:55:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Construction Industry Development Board to operate as an autonomous body; 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