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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 mammoth construction and erection work of the integrated steel mill, never experienced before in the country, was carried out by a consortium of Pakistan construction corporations under the supervision of Soviet and Pakistani experts. Khwaja Inayat Ullah was the Director of Operations & Chief Engineer of this project. (Blast furnace 1&2 & RMPP)
By 2013, Pakistan's cement industry grew rapidly, driven by demand from Afghanistan and countries boosting the real estate sector. In April 2020, the government introduced an incentive package for the construction industry, including an amnesty scheme, tax exemptions, and a Rs 36 billion subsidy for Naya Pakistan Housing Scheme.
Pakistan and its two largest city economies. Source: [1] As of 2019, Lahore had an estimated GDP of $84 billion. [2] [3] As of 2008, the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%).
Since its establishment, NLC had also diversified into the construction industry, undertaking various military and civilian infrastructure projects in Pakistan, including roads and bridges. [ 4 ] In July 2011, the Government of Pakistan allowed the NLC to participate in the bidding process for the acquisition of a state-owned construction ...
According to FPCCI (The Federation of Pakistan Chambers of Commerce and Industry), real estate agents are playing an important role in the economic development of the country. "Construction sector has grown by 9% which indicates its strength but this robust sector needs help of the real-estate sector," it said in a 2017 statement. [10]
The National Engineering Services Pakistan (Urdu: قومی خدماتِ مہندسی پاکستان), commonly known as NESPAK, is a Pakistani state-owned enterprise and an energy contractor which provides consulting, construction, engineering, and management services globally. [2]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.