{"id":89400,"date":"2022-10-17T16:09:33","date_gmt":"2022-10-17T11:09:33","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89400"},"modified":"2022-10-17T16:09:37","modified_gmt":"2022-10-17T11:09:37","slug":"deadline-construction-firms-renew-license","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/deadline-construction-firms-renew-license.html","title":{"rendered":"Deadline extended for construction, consulting firms to renew license"},"content":{"rendered":"\n<p>Islamabad: The Pakistan Engineering Council (PEC) has approved an \u2018amnesty scheme\u2019 for construction and consulting firms under which, the deadline to file renewal of license has been extended, a news source reported on October 14. The decision was reportedly taken during the PEC meeting of the Management Committee.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/extension-in-construction-amnesty-vital-for-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Extension in construction sector\u2019s amnesty scheme vital for economic stability\u2019<\/a><\/p>\n\n\n\n<p>The news source mentioned that the management committee has approved the amnesty scheme on the motion of PEC Vice Chairman Sindh Engineer Mukhtiar Sheikh. Under this amnesty scheme, the companies who couldn\u2019t file for license renewal will be able to do so by paying 10% of the previous year&#8217;s fee and this year\u2019s full fee before December 31 2022.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/construction-sector-boosted-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Construction sector\u2019s revival boosted economy, fetched PKR 1 trillion investment\u2019<\/a><\/p>\n\n\n\n<p>The vice chairman stated that the construction industry in the country has suffered huge losses due to COVID-19, the financial crisis, global inflation, and the recent floods. Keeping in mind these conditions, the council has decided to provide relief to the construction sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Pakistan Engineering Council (PEC) has approved an \u2018amnesty scheme\u2019 for construction and consulting firms under which, the deadline to file renewal of license has been extended, a news source reported on October 14. The decision was reportedly taken during the PEC meeting of the Management Committee. Read: \u2018Extension in construction sector\u2019s amnesty scheme vital for economic stability\u2019 The news source mentioned that the management committee has approved the amnesty scheme on the motion of PEC Vice Chairman Sindh Engineer Mukhtiar Sheikh. Under this amnesty scheme, the companies who couldn\u2019t file for license renewal will be able to do so by paying 10% of the previous year&#8217;s fee and this year\u2019s full fee before December 31 2022. Read: \u2018Construction sector\u2019s revival boosted economy, fetched PKR 1 trillion investment\u2019 The vice chairman stated that the construction industry in the country has suffered huge losses due to COVID-19, the financial crisis, global inflation, and the recent floods. Keeping in mind these conditions, the council has decided to provide relief to the construction sector.<\/p>\n","protected":false},"author":83,"featured_media":63690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[54536,54540],"persona":[],"class_list":{"0":"post-89400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-deadline-extended-for-construction-consulting-firms-to-renew-license","9":"tag-extension-for-renewal-of-license","10":"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>Deadline extended for construction firms to renew license- Zameen News<\/title>\n<meta name=\"description\" content=\"The Pakistan Engineering Council (PEC) has approved an \u2018amnesty scheme\u2019 for construction and consulting firms under which, the deadline...\" \/>\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\/deadline-construction-firms-renew-license.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deadline extended for construction firms to renew license- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Pakistan Engineering Council (PEC) has approved an \u2018amnesty scheme\u2019 for construction and consulting firms under which, the deadline...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/deadline-construction-firms-renew-license.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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