Can export of construction services be the panacea for ailing domestic construction sector

Due to the downturn of the economy there is a disinclination to invest in the infrastructure, building or industrial development and consequently the construction industry is in the doldrums. However there is a ray of hope and that is to take these construction services outside the country and perform. As per the Central Bank data the volume of “Export of Construction Services” was $ 10 million and $ 6 million respectively during 2021 and January-September 2022. There seems to be a mismatch in earnings. However according to the industry sources, the present export volume is between $ 150-200 million per…