Real estate sector urged to help flood-hit people

September 29, 2022

The real estate sector should fully support the people of flood-affected areas in their early rehabilitation, said Chairman of AAA Associates Sheikh Fawad Bashir.

Climate change has caused catastrophic floods in Pakistan’s villages and towns, displacing millions of people.

He appealed to his community to immediately launch relief activities to provide essential commodities to the flood victims.

Sheikh Fawad expressed solidarity with the people who had lost their houses, farms and all the sources of their livelihood. Keeping up the spirit of nationhood and fraternity, he said his company was actively taking part in flood relief efforts.

Besides the flood relief aid in Quetta, AAA Associates had also made cash donations for the affected people in Sindh and Skardu, he added.

AAA Associates Managing Director Lt. Col. (r) Shahzad Ali Kiani expressed his concern. He said, “I am deeply troubled about the recent floods in Pakistan, which have been exacerbated by the effects of climate change.”

He emphasized the need to prove that patriotism is above all and said the real estate industry must come together to assist the people of flood-hit areas regardless of political affiliation.

The recent monsoon floods in Pakistan have played havoc with the country. Thousands of people have lost their lives and millions have lost their houses and livelihood.

The federal government has calculated a loss of at least $10 billion, or nearly 3% of the country's gross domestic product, as a result of weeks of heavy rainfall and subsequent floods.

Credit: Independent News Pakistan-WealthPk