Are you looking for ways to start a business in Pakistan? If yes, then you should consider starting a business in Pakistan.
The country has a huge potential for growth and development. There are plenty of opportunities for entrepreneurs.
This country is located in South Asia, sharing borders with Afghanistan, Iran, India, and China. It is a federal parliamentary republic consisting of four provinces; Punjab, Sindh, Balochistan, and Khyber Pakhtunkhwa.
The official languages are Urdu and English. The economy of Pakistan is ranked among the lower middle-income economies of the world.
Its nominal GDP was estimated at $228 billion in 2017, making it the 162nd largest national economy in the world. Agriculture accounts for about 20% of its total GDP.
Pakistan's exports include cotton textiles, leather goods, fruits, vegetables, meat products, and pharmaceuticals. Imports include crude petroleum, machinery, vehicles, chemicals, and electrical equipment.
Business Opportunities in Pakistan:
There are several reasons why Pakistan is a great place to start a business. First, the country has a young population.
In addition, the government provides various incentives for businesses. Finally, the country is well connected through air, land, and sea routes.
The business opportunities in Pakistan are vast. There are many sectors including agriculture, manufacturing, services, construction, mining, tourism, education, healthcare, banking, insurance, real estate, retail, and government.
The following are some of the major industries in Pakistan:
- Agriculture
- Cotton Textile Manufacturing
- Leather Goods Manufacturing
- Fruit & Vegetable Processing
- Meat Products Manufacturing
- Food & Beverage Manufacturing
- Chemicals & Pharmaceuticals Manufacturing
- Mining
- Construction
- Tourism
