Construction Sector Appeals for Protectionist Measures in Budget 2024

22 Jan 2024 CW Team

With the impending Budget 2024, the construction sector advocates for protectionist measures, seeking support from the government to address challenges and foster growth. The appeal underscores the sector's call for strategic interventions that can contribute to its resilience and sustainability in the face of various economic factors.

The construction industry's request for protectionist measures reflects a proactive stance in navigating economic uncertainties and ensuring a conducive environment for development projects. As a key driver of economic growth, the sector's plea for government support highlights its importance in the overall economic landscape.

Stakeholders will be closely watching how the government responds to these appeals, as the Budget 2024 takes shape. The measures implemented could have a significant impact on the construction sector's ability to thrive, innovate, and contribute to the nation's infrastructure development.

This appeal signifies the industry's collaborative effort to engage with policymakers and shape policies that not only safeguard the construction sector but also pave the way for its sustained growth. The upcoming budget will unveil the government's response to these requests and set the tone for the construction industry's trajectory in the coming fiscal year.

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