Industry of Pakistan
Pakistan's inadequately developed labor market, unable to absorb the increasing number of educated workers, has resulted in a high rate of unemployment among graduates.
Other important industries are cement, vegetable oil, fertilizer, sugar, steel, machinery, tobacco, paper and paperboard, chemicals, and food processing.
Manufacturing output is therefore vulnerable to adverse weather conditions and fluctuations in international prices for cotton and sugar.
Various liberalization reforms have been pursued since the early 1980s but have been hindered by substantial corruption, frequent raw material shortages, the government's tendency to provide generous concessions to particular sectors (such as sugar refining and yarn spinning), and a burdensome tax structure that has helped promote the development of the informal economy.
Important minerals found in Pakistan are gypsum, limestone, chromites, iron ore, rock salt, silver, gold, precious stones, gems, marble, copper, coal, graphite, sulphur, fire clay, silica.
Balochistan province is a mineral-rich area having substantial mineral, oil and gas reserves which have not been exploited to their full capacity or fully explored, recent government policies have begun to develop this region of the country and to tap into the immense resources found there.
The province has significant quantities of copper, chromite and iron, and pockets of antimony and zinc in the south and gold in the far west.
The Reko Diq mining area has proven estimated reserves of 2 billion tons of copper and 20 million ounces of gold.
Much of the grades A Marble that is exported out of European countries like Italy actually have their origins in Pakistan which previously lacked fine polishing and processing machinery.
[8] Cnergyico Pk Limited is the largest oil refiner with a total installed capacity of 156,000 barrels per day.
[13][14] Pakistan's manufacturing sector is dominated by textiles, FBT (food, beverages, and tobacco), Coke & Petroleum, and Pharmaceuticals.
Mobility restrictions resulted in labor problems, while the international supply chain disruption depressed natural resource imports.
The sector, as a whole, provides employment to 3.5 million people and plays a pivotal role in promoting the growth of the vendor industry.
this is an old data, please verify before publish Pakistan has huge potential for the technology industry, which includes software development and electronics manufacturing.
Pakistan Aeronautical Complex recently started the manufacturing of tablet PCs, e-book readers, and notebooks in collaboration with INNAVTEK of China.
The cost of construction in Pakistan was projected to increase by 30 to 50% due to implementation of a new building code which required strengthening of structures to withstand earthquake of 8 to 8.5 magnitude.
Dubai Ports World, announced on 1 June 2006 that it will spend $10 billion to develop transport infrastructure and real estate in Pakistan.
The projects, with a total investment of $2.4 billion, will include a series of master planned communities that will set new benchmarks in commercial, residential and retail property within Pakistan.
The short-term national energy demand has expanded significantly since 2001 due to massive rise in sales of durable goods like refrigerators, washing machines, split air conditioners, et al.[22] In 2004, Access Group International announced plans to invest $1 billion over the next 5 years in solar cell manufacture and wind farms.
