Rising Pakistan

Containing the 8,000 years old Indus Valley civilization, UNESCO has designated 6 sites in Pakistan as World Heritage Sites and 26 sites are on the tentative list
Holding 4 of the 14 highest peaks in the world including 8.6 km tall K2, Pakistan has 5 mountains above an altitude of 8 km and 100 peaks above 7 km.

Pakistan is the 6th largest nation of the world with the population of 207 million with net growth rate of 1.43%. Pakistan also has the 5th largest youth population.

With a 1,050 km coastline bordering the productive NE Arabian Sea, Pakistan is home to the world’s largest natural deep sea port of Gwadar.
The 1300 km Karakoram Highway, dubbed as the 8th wonder of the world, connects Pakistan to western China, and reaches a maximum height of 4.8 km at the Khunjrab Pass.
One of the highest lakes is in Pakistan and also the highest polo ground in the world at an altitude of 3.7 km.
Pakistan has the world’s largest contagious water distribution system, the Indus Basin Irrigation System.
Fabled to be discovered by Alexander’s Army, Khewra Mines of Pakistan are world’s 2nd largest salt mines The newly discovered Thar Coal reserves are estimated to be one of the largest lignite coal reserves in the world.
Pakistan’s city of Sialkot produces over half the world’s footballs. Holding 44 Squash championships, Pakistan is also 4 time world cup winners in hockey.
Pakistan has one of the highest rates of mobile penetration (74%) in South Asia with 154 million cellular subscriptions with more than 45 million Internet subscribers, expected double in next 5 years.
Pakistan has the highest rate of urbanization of any country in South Asia with 30 million people living in 10 largest cities. Karachi is among the top 5 cities globally that contributed to rise in total consumer expenditure during 2018.
One of the coolest places to visit – Forbes 2019 World’s top travel destination – British Backpacker 2018 Wander­lust has listed 9 destinations of Pakistan for adventurers in 2020.

I AM RISING PAKISTAN

HIGHLIGHTS

ECONOMIC OUTLOOK

With the GDP of US$312 billion (2018), Pakistan is the 7th largest market in the Middle East, African, and South Asian regions, as measured in Purchasing Power Parity (PPP).

Pakistan was included in the MSCI Inc.’s emerging-market indexes in 2017.

Pakistan is ranked among the world’s top ten business climate improvers (World Bank 2020).

Fitch maintains the real growth rate of Pakistan’s construction industry to average at 8.9% over the next 5 years.

Highly evolved services sector contributes 67% of GDP.

CONSUMER MARKET

3rd largest English speaking population in the world.

Retail market size is estimated at US$152 billion. It is forecast to expand 8.2% a year through 2016-2021 as average disposable income has doubled since 2010.

Pakistan’s middle class is among the top 20 of the world and estimated to be over 80 million people – higher than the population of UK, Italy, or Germany.

The ratio of consumption in Pakistan has been highest among the emerging economies of the world at 93% of the GDP with 42% of share income on spent on food.

WORLD RANKINGS

1st in soccer ball production
1st in surgical instruments manufacturing
2nd largest natural gas distribution infrastructure
3rd in yarn production
4th in cotton production
4th in freelance development
5th in milk production
5th in beverage consumption
5th in sugarcane production
7th largest consumer market
8th in wheat production
8th largest exporter of textile products in Asia
•8th in farm output
•11th in rice production
•11th in broilers
•16th in cement production
•21st in road network size (264,401 km)

CPEC - THE GAME CHANGER

CPEC is a of $50+ billion mega project. The 3,000 KM long economic corridor consists of highways, railways and pipelines that connect China’s Xinjiang province to rest of the world through Pakistan’s Gwadar port. Energy is one of the four focus areas, along with Gwadar Port, transport infrastructure, and industrial cooperation. 13 projects worth around $11 billion have been completed, while 13 projects worth $18 billion are under implementation and another $21 billion dollars projects are in the pipeline.

China has eliminated tariffs on more than 300 tariff lines including textiles, engineering, chemicals, leather, food items, meat, and fisheries etc.

Five major road construction projects are underway under CPEC, with a total length of 966km having an estimated cost of $5.34 billion. $8.2 billion are allocated for construction and rehabilitations of Karachi to Peshawar Main Railway Line (ML-1).

CPEC’s 2nd phase is focused on industrialization, socio-economic development, agriculture modernization and tourism promotion. China will be investing $1 billion in 27 education, health, agriculture, water and irrigation, human resource development and poverty alleviation projects. Central to this phase is the development of three special economic zones (SEZs) on a priority basis, namely Rashakai (Nowshera), Allama Iqbal (Faisalabad) and Dhabeji (Thatta).