Invest in Pakistan economy with excellent business prospects

#Invest in #Pakistan #Economy i.e. by year 2050 is set to be 18th largest economy by GDP and currently growing at 5.79% with excellent #business prospects. #BOI

1-    Economic Outlook

Economically, in a couple of decades, Pakistan is set to become the world’s 18th largest economy by GDP. By GDP purchasing power parity, Pakistan will be 15th largest. Today, Pakistan is the 40th largest with a GDP of $270 billion. According to Goldman Sachs, it’ll be a $3.5 trillion economy by 2050. Pakistan will surpass today’s giant economies of Saudi Arabia, Iran, Malaysia, Singapore, Australia and Taiwan.

2-    Geo-strategic Location

Pakistan is strategically located to become Asia’s premier trade, energy and transport corridor. It is also the gateway to the energy rich Central Asian States, the financially liquid Gulf States and the economically advanced Far Eastern tigers.

3-    Fast-paced infrastructure development

In alignment with CPEC China-Pakistan Economic Corridor projects in energy and rail & road construction are underway. CPEC is in fact part of China’s OBOR ambition ‘One Belt, One Road’ (OBOR) initiative. OBOR is , a ‘Silk Road Economic Belt’ through Central Asia and a ‘21st Century Maritime Silk Road’ through Southeast and South Asia.

4-    Population and workforce

 55% percent of our population is below the age of 19, which bodes well for long- term sustainable economic growth. Pakistan has a strong middle class. A large part of the workforce is proficient in English, hardworking and intelligent. Pakistan possesses a large pool of trained and experienced engineers, bankers, lawyers and other professionals with many having substantial international experience.

5-    Investment Policy

The Policy has been designed to provide a comprehensive framework for creating a conducive business environment for the attraction of FDI. 5. Special Economic Zones The Law of Special Economic Zones has been made to meet the global challenges of competitiveness to attract FDI.