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Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
The projected cost for the project was initially projected to be $1.314 billion, [19] but as a result of devaluation of the Pakistani Rupee, the cost is now estimated to be $1.8 billion. [20] The Government of Pakistan has agreed to purchase electricity from SK Hydro at a cost of 8.8415 US cents per kilowatt-hour for the 30 years on the cost ...
Pakistan's Water and Power Development Authority was to provide the remaining $74 million required for construction, [30] before the project's cost was downwardly revised by $277 million. Interest costs for the loans are estimated to cost $83.5 million. [31]
Construction commenced in May 2015, and the first unit inaugurated in December 2017. The plants were built on a "Build-Own-Operate" basis, [20] and is to be operated by the Port Qasim Energy Holding, [21] a firm jointly financed by Qatar's Al-Mirqab Capital and China's Power Construction Corporation, a subsidiary of Sinohydro Resources Limited.
The Kachhi Canal Project is a 499-km long canal project situated in the Baluchistan and Punjab Provinces of Pakistan. It starts from Taunsa Barrage at Indus River and terminates in Baluchistan. The canal provides sustainable irrigation water supply to 720,000 acres of agricultural land in Baluchistan and 30,000 acres of land in Punjab.
Ghazi-Barotha Hydropower Project (Urdu: غازى بروتھا) is a 1,450 MW run-of-the-river hydropower, connected to the Indus River.It is located about 10 km (6.2 mi) west of Attock in the Punjab province and east of Haripur in the Khyber Pakhtunkhwa province of Pakistan.
In July 2016, construction started. The foundation stone was laid on March 3, 2017, by Prime Minister Nawaz Sharif. [4] April 2019 was the estimated completion date for phase I. [5] Construction works for phase II had not started yet as of February 2020. [6] The physical progress of the project is around 60.75%.
In the late 1940s, upon its establishment, Pakistan had an agrarian-based economy. Agriculture constituted 53% of the country's GDP in 1947 and slightly increased to 53.2% in 1949–50. With a population of approximately 30 million, including around 6 million residing in urban areas, about 65% of the labor force was engaged in agriculture.