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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.
Khyber Pass Economic Corridor (KPEC) (Urdu: درۂ خیبر اقتصادی راہداری; Pashto: د خيبر دره اقتصادي دهلیز) is an infrastructure project that aims to expand Pakistan's economic connectivity with Afghanistan, and by extension Central Asia, via the Khyber Pass.
The Karachi Freight Corridor is a significant infrastructure project in Pakistan aimed at improving the movement of freight from the Karachi port city to various parts of the country. The project involves the construction of a dedicated double-track corridor and other related facilities. [1] [2]
Pakistan’s transportation infrastructure has suffered from government neglect. Infrastructure is a backbone of the economy and a well developed infrastructure is not only important to attract foreign investment, it also needed to maintain high growth rate but weak infrastructure has been one of the major factors restricting Pakistan’s ...
Construction works on the China-Pakistan Friendship Tunnels can be traced to 2013, when China began construction on a 24-kilometre (15 mi) bypass of Attabad Lake with a combination of 5 km worth of tunnels, two large bridges, and 78 small bridges to bypass the lake which had been formed after a 2010 earthquake triggered massive landslides. The ...
Pakistan's National Electric Power Regulatory Authority (NEPRA) has agreed to purchase electricity from both Thar-I and Thar-II at a tariff of 8.50 US cents/kWh for the first 330 MW of electricity, 8.33 US cents/kWh for the next 660 MW, and 7.99 US cents/kWh for the subsequent 1,099 MW as further phases are developed. [210] [211]
Industrial parks are usually located on the edges of, or outside of, the main residential area of a city, and are normally provided with good transportation access, including road and rail. The National Industrial Parks Development and Management Company (NIP) and Sci Life Pharma signed a licence agreement that authorises the latter to start ...
The business park had initially been named the Quaid-e-azam Apparel Park; the name was changed in November 2019. [3]In 2020, the Chief Minister of the Punjab, Sardar Usman Ahmad Khan Buzdar said that the Quaid-e-Azam Business Park in Sheikhupura will go a long way in boosting industrialization in Pakistan and it would create approximately half million jobs while a labour colony will also be ...