Business

Future 5 Modern Cities of Pakistan

Urbanization addresses challenges in responsible growth. Read about “Modern Cities of Pakistan” and more. Sustainable urban development, particularly in developing countries, has considerable challenges such as sluggish economic and social development, population growth, environmental destruction, instability, slums, etc. The use of time-series data from remote sensing can significantly aid in assessing sustainability and the future of these five modern cities. However, we cannot use ground cover data to establish the urban spatial range accurately.

Learn more about Blue world city.

  • Karachi:

Karachi, known colloquially as the “City of Lights,” has long been a geopolitical and economic powerhouse. The city is the country’s most extensive and most populous and banking and financial center. Karachi serves as a transit hub on the Arabian Sea. It’s mainly two shipping ports, the Port of Karachi and Port Bin Qasim, which is among the world’s fastest significant airports, plays an essential part in regional commercial mobilization. Along with Berlin, Geneva, and Abu Dhabi, the city has been identified as a beta world metropolis due to its limited ties to the global economy.

As the country’s economic engine, it delivers the most to tax revenue, contributing for 62.4 percent of the overall income between 2000 and 2012. Karachi accounts for over a qtr of Pakistan’s total revenue. There is also an unofficial sector in the city, which is not included in GDP figures but might lead to an increased 36% of Pakistan’s national wealth. Many of the country’s leading companies, including those specializing in textiles, cement, steel, pharmaceuticals, machinery, and food products, are based in Karachi’s industrial zones.

  • Gwadar:

Gwadar is a marine terminal on the southernmost tip of Baluchistan state. Gwadar’s coastline runs 600 kilometers somewhere along the Gulf of Oman. The primary source of revenue for the residents of Gwadar is fishing. According to a comprehensive study, a native Gwadar fisherman caught a fish (Sowa), popularly known as kir. Gwadar’s residents are exceedingly kind, embracing guests with welcoming hands and delivering the best possible service. The bulk of Gwadar’s residents are from the middle and working classes. Other languages spoken include Balochi, Brahvi, Arabic, and others. Gwadar has 12,637km2 and a population of 1.2 million people, as of the most recent census report (263,514).

Because of its stadium and even the Pak-China CPEC project, Gwadar is presently in the spotlight. The city’s fishing village, hammerhead five-star hotel, and Gwadar harbor are also well-known. The climate in Gwadar is often damp, humid, and warm. Once a tiny fishing village, Gwadar has experienced enormous transformations and is now regarded as among the world’s premier port cities. The most magnificent residential and commercial complex is “Burj-Al-Gwadar,” situated on a 264-foot-wide airport road. The Makran coastal highway connects Gwadar with Karachi and is a connection road. The construction of Gwadar International Airport began in 2007. Gwadar and Karachi, along with Turbat and Muscat, Oman, currently have flights.

  • Islamabad:

Islamabad is one of the gorgeous cities in Pakistan. It’s a lovely combination of natural wonders and well-planned infrastructure. The beautiful hills, stunning views, and healthy environment are beautiful places to live. This is why several well-known property developers have invested heavily in this city. Islamabad is expanding, which means there are plenty of property investment prospects.

The city developers build shopping malls, housing complexes, residential and business, and the city has a broader range of options. Islamabad’s rapid expansion and expanding population have combined to make the city a vital investment hub in Pakistan. Different engineering real-estate initiatives have arisen in the commercial property market in recent years. Based on numerous investment options, reliable commercial property developments give significant investment returns in 3 to 4 years.

  • Lahore:

Lahore is one of Pakistan’s most finely tuned and well-built cities, making it an excellent place to live and invest. As a result, Lahore is constantly at the top of the list regarding investment goals. On the other hand, casual purchasers prefer to buy property in Lahore because of the city’s benefits and stability. In 2019, the GDP of Lahore was expected to be $84 billion. The city’s gross domestic product (GDP) was projected to be $40 billion in 2008 by purchasing power parity (PPP), anticipated to be $102 billion by 2025 (with a little higher frequency of 5.6 percent each year than Karachi’s 5.5 percent). Lahore is expected to produce 11.5 percent of the national economy and 19 percent of the economy of Punjab province. Punjab has a GDP of $115 billion, making it the first Pakistani province with a $100 billion economy, putting it at number 144.

  • Multan:

Multan has identified itself as among Pakistan’s most progressive and outstanding cities due to its economic development and advancement in various fields, including politics, property development, social issues, and other factors. Because of its vital institutions, sensitivity to global events, and well-above-average productivity in rising industries, anyone who chooses this city will have tremendous and bright opportunities. These factors contribute to its steady growth and make it a low-risk business opportunity.

Final Thoughts:

Pakistanis are moving to cities quicker than in any other state in South Asia, with rapid urbanization expanding at a rate of 3% each year. More than half of Pakistan’s estimated 250 million people are supposed to survive in cities by 2030. Consequently, the developments will speed up to accommodate those people. As a result, the cities as mentioned above have a bright and modern future.

Author Bio

M Junaid Lead Writer, Content Marketer at Estate Land | Taj Residencia , A writer by Day and reader by night

Please share “Future 5 Modern Cities of Pakistan” with friends and family,

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button