Islamabad: Finance Minister Muhammad Aurangzeb has reiterated the government’s dedication to creating a policy environment conducive to investment and innovation, with a focus on enhancing Pakistan’s capital markets. The commitment was expressed during a virtual meeting of the Focus Group on Incentivizing and Facilitating the Growth of Real Estate Investment Trusts (REITs).

According to Radio Pakistan, the Finance Minister emphasized the importance of REITs as a structured and transparent mechanism for directing real estate investments into productive sectors. He noted their contribution to promoting documentation and formalizing the real estate, construction, and development sectors, while also improving capital allocation and economic activity.

Participants in the meeting acknowledged the initial progress of the REIT market in Pakistan and discussed the significant potential for further expansion through targeted policy measures and improved coordination. They identified addressing procedural inefficiencies, clarifying regulatory requirements, and fostering stakeholder alignment as crucial steps toward unlocking this potential.