urooj Aijaz
January 11, 2021
Construction & Real Estate
1,745
Infrastructure development is one of the main pillars of economic growth of any economy and China Pakistan Economic Corridor being one of the largest project of its kind witnessed the transformational change in almost every sector of Pakistan’s economy and like other sectors it also brought revolutionary change in real estate and infrastructure of Pakistan through linkage of Gwadar and Kashgar. This linkage, change the dynamics of real estate and …
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Faiza Saleem
November 9, 2020
Construction & Real Estate
3,027
Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan economy is crippling facing politically instability but economic growth of Pakistan remained 5.8 the highest in the history of nine years. Currently the growth rate is 5.5 that effecting economy …
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Khalil Ahmed
October 12, 2020
Ports, Logistics & Transportation
2,135
A famous adage goes as ‘The deeper the well, the cooler the water.’ The more the investment, the better the infrastructure as well as the more the convenience for the populace. Probably, this is beyond the comprehension of those who need to do it. Economic growth globally is contingent upon the state-of-the-art infrastructure and transportation. The public transportation is a long-held issue of the largest city of Pakistan. Most of …
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Sikander Zafar
March 2, 2020
Ports, Logistics & Transportation
34
While working on the project of building an electronic prime mover, Elon Musk postulated that, “if we drive down the transportation cost, we are destined to achieve greatness.” Whether it is international trade through the high seas or haulage networking amid countries through land, the imperativeness of transportation is pivotal for ripening success. In short, transportation is the life blood of an economic system and it is necessary for it …
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Amanullah Bashar
March 2, 2018
Energy
41
New energy and infrastructure projects in the pipeline The socio-economic and political stability of a country is deeply linked with the strong and stable leadership. If the leaders and their vision is strong and linked with the good or bad of the people, no matter what ever the situation the things are sure to take a shape sooner or later. Pakistan despite having enormous energy resources and a strong …
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Syed Fazl-e-Haider
February 26, 2018
Construction & Real Estate, Investments/Insurance, Trade & Economy
184
The absence of infrastructure is the single most important reason that discourages investment in the industrial sector development in Balochistan. It is the most backward province, which is also far behind from other provinces in road sector development. The province has a road network comprising about 25,099 kilometers, which is less than that of the other provinces. The existing road network in Balochistan is in a dire need of …
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Syed Fazl-e-Haider
February 26, 2018
Finance & Market, Trade & Economy
44
Following its ninth review of the program, the International Monetary Fund (IMF) asked Pakistan to focus on accelerating steps to widen the tax net and raise funds for more infrastructure investment and social assistance after the country failed to reach its fiscal deficit and tax revenue targets under an IMF Extended Fund Facility (EFF). However, the IMF welcomed the government’s plans to take action to attain the budget deficit …
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Saad Anwar Hashmi
February 15, 2018
Construction & Real Estate
80
Karachi is the financial capital of Pakistan with most businesses, banks, various companies in the financial sector calling Karachi home. Being the business hub for Pakistan, it is estimated that at least 50,000 people a month travel to Karachi from various small towns and cities seeking jobs. Karachi is also the epic centre for various construction activities both commercial and residential. Karachi accounts for 54 per cent of the …
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Shabbir H. kazmi
January 25, 2018
Construction & Real Estate, Trade & Economy
56
In November 2014, Pakistan and China signed 19 agreements and Memorandum of Understandings (MoUs) to further boost the bilateral ties between the two countries in various fields, including energy and basic infrastructure sectors. Earlier a meeting between Prime Minister Nawaz Sharif and his Chinese counterpart was held in Beijing where both the leaders discussed bilateral relations and the regional situation. The agreements signed between the two countries include solar …
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Syeda Nanji
January 23, 2018
Finance & Market
66
Infrastructure development and logistics is one of the vital ways through which any country can attract foreign investment and help achieve sustainable development for the growth of an economy. Considering the case of Pakistan, the focus on infrastructure while given importance isn’t always the most important aspect to consider since there are other issues the country has to deal with. There are the political sit-ins in the country, which …
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