Pakistan is 6th most populous country of world having a population of 219,652,490 people; which is 2.83% of the total world population. Pakistan covers an area of 881,913 km2 (340,509 sq. mi), approximately equal to the combined land areas of France and the United Kingdom. It is the 33rd-largest nation of the world by total area. Pakistan is one of those countries which have enormous rich natural resources. It is blessed with vast …
Read More »Larger the risk level, higher the growth of insurance industry in Balochistan
Banks can play a key role in the growth of insurance industry in the province Larger the risk level, higher the growth of insurance industry. The risk perception — risks to life, assets and public and private properties — has been higher and widely prevalent in Balochistan where the incidents of terror and attacks on public and private properties have witnessed a phenomenal growth over the past many years. The reason is the poor …
Read More »Balochistan remains untapped telecom market
Balochistan is largely an untapped telecom market with the lowest number of mobile phone users. In 2018, a dozen telecom projects were launched to deploy telecom network and services in the province. Today, the telecom operators are set to unleash the potential of the province with 46 percent of the 12.3 million population has no access to either mobile, wireless or a fixed line network. Universal Service Fund (USF), an …
Read More »Modern banking make headway in Balochistan
Pakistan’s banking sector witnessed unprecedented growth after 2001 due to low interest rate and product innovation in consumer financing. Like other provinces, Balochistan is also the beneficiary of the current low interest rate, particularly in consumer financing, which has emerged out as one of most prolific aspects of banking in Pakistan. Consumer financing products include credit cards, personal loans, auto loans and housing mortgage. It not only contributes towards facilitating …
Read More »Livestock a mainstay of Balochistan’s economy running at a loss
Being a pastoral economy Balochistan is yet to exploit its tremendous potential in livestock sector. Animals are traditionally kept for meeting household milk and meat needs. Livestock development is linked with poverty alleviation in the province, as its 70 percent population is directly or indirectly involved in livestock rearing activities. The province is rich in livestock resources contributing about 40 percent of Pakistan’s total livestock population. The main consumers …
Read More »Fascinating foreign investment opportunities in Balochistan
Presenting a greater investment opportunity to the foreign investors due to its gifted and natural wherewithal, the province Balochistan, is having all the potential sectors to open the road of economic prosperity for Pakistan. One of the ardent areas for investment in the province is Gwadar Port city which include fish processing, crabs processing, cold storage, ice factories, sea-water reverse osmosis desalination plants, shrimp farming, boat building and naval …
Read More »Balochistan’s development potential, investment opportunities
The underdeveloped province, Balochistan, has tremendous prospective for the growth of the economy as it’s economy is largely based on natural resources like production of Sui gas (a biggest gas field in Pakistan), coal and other marketable minerals, while fisheries, mining, manufacturing industries, trade through public and private organizations are the other possessions of this province making it rich in offering investment and can become a healthy marketplace provided …
Read More »Balochistan can become center of branded fruit products
Known as the country’s fruit basket with having ideal environment of producing huge quality products of fruit with different varieties, we can add value of Balochistan’s fruit exports by taking brand name in jelly, juices and other fruit-related products worldwide if the proper guidance and policies be implement for economic development of the province which would give further boost to the country’s exchequer. By promoting brand culture, we can …
Read More »Development of middle class in Balochistan: issues and challenges
An educated middle class can play an important role in the development of Balochistan which is the largest but least developed province of the country. It still lacks a middle and urbanized class. Absence of middle class and urbanized leadership has provided rich grounds for growth and prevalence of tribalism and weak civil community promoted tribalism and feudalism. The government is not taking measures to encourage the growth of …
Read More »Shrimp farming on modern lines in Balochistan
Balochistan makes up 70 percent of Pakistan’s total coastal line. Unfortunately, the province has been confined to merely on-shore water fishing due to lack of infrastructure facilities. The catch is spoiled as it is exposed to sun and impurities. In the absence of quality control regime, fresh and good quality fish find no access to national and international markets at large scales. Local fishermen are confronted with numerous problems. …
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