Economy of Islamabad

Downtown Islamabad

Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP.[1] The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange.[2] The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares.[3] As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20% of all the revenue collected by the Federal Board of Revenue (FBR) as of 2012.[4]

Islamabad has seen an expansion in information and communications technology with the addition of three software technology parks which house numerous national and foreign technological and IT companies. The tech parks are located in Evacuee Trust Complex, Awami Markaz and I-9 sector. Awami Markaz houses 36 IT companies while Evacuee Trust house 29 companies.[5] Call centers for foreign companies have been targeted as another significant area of growth, with the government making efforts to reduce taxes by as much as 10% in order to encourage foreign investments in the IT sector.

Most of Pakistan's state-owned companies like Pakistan International Airlines, PTV, PTCL, OGDCL, and Zarai Taraqiati Bank Ltd. are based in Islamabad. The city is home to many branches of Karachi-based companies, banks, and TV channels. Headquarters of all major telecommunication operators such as PTCL, Mobilink, Telenor, Ufone and China Mobile are located in Islamabad.

Being an expensive city, the prices of most of fruits, vegetable and poultry items increased in Islamabad during the years 2015-2020. [citation needed]

## Business

[edit]

According to the World Bank's Doing Business Report of 2010, Islamabad was ranked as the best place to start a business in Pakistan.[6]

## References

[edit]

1. ^ "Pakistan | Economics and extremism". Dawn.Com. 2010-01-05. Archived from the original on 2010-01-08. Retrieved 2010-06-02.
2. ^ "Pakistan Stock Exchanges". Archived from the original on 2010-02-28. Retrieved 2011-05-28.
3. ^ ISE-Official website. "About ISE". Archived from the original on 2011-06-17.
4. ^ "Rs371bn revenue target: FBR hails LTU Islamabad's performance". brecorder.com. 5 July 2012. Retrieved 9 July 2012.
5. ^ Pakistan Software Export Board. "Islamabad". Archived from the original on 2010-05-05.
6. ^ "Faisalabad best place to do business in Pakistan". The Express Tribune. June 30, 2010.

* v
* t
* e

Islamabad Capital Territory topics

History|

* History of the Punjab
* History of Khyber Pakhtunkhwa
* History of Pakistan
* Constantinos Apostolou Doxiadis
* Ayub Khan
* Yahya Khan
* 2005 Kashmir earthquake
* Siege of Lal Masjid
* Killing of Usama Nadeem Satti

Government|

* Capital Territory Administration
* Metropolitan Corporation
* Mayor
* Capital Development Authority

Judiciary|

* High Court
* District Courts
* Judicial Academy

Sectors|

* Diplomatic Enclave
* Pakistan Secretariat
* A-17
* A-18
* B-17
* B-18
* C-15
* C-16
* C-17
* C-18
* D-10
* D-11
* D-12
* D-13
* D-14
* D-15
* D-16
* D-17
* D-18
* E-7
* E-8
* E-9
* E-10
* E-11
* E-12
* E-13
* E-14
* E-15
* E-16
* E-17
* E-18
* F-5
* F-6
* F-7
* F-8
* F-9
* F-10
* F-11
* F-12
* F-13
* F-14
* F-15
* F-16
* F-17
* F-18
* G-5
* G-6
* G-7
* G-8
* G-9
* G-10
* G-11
* G-12
* G-13
* G-14
* G-15
* G-16
* G-17
* G-18
* H-8
* H-9
* H-10
* H-11
* H-12
* H-13
* H-14
* H-15
* H-16
* H-17
* H-18
* I-8
* I-9
* I-10
* I-11
* I-12
* I-13
* I-14
* I-15
* I-16
* I-17
* I-18

Geography|

* Koral
* Rawalpindi
* Model Town Humak
* Pothohar Plateau
* Margalla Hills
* Gakhar
* Simly Dam
* Golra Sharif
* Khyber Pakhtunkhwa (1901–2010)
* Punjab
* Birds
* Fauna of Islamabad
* Flora of Islamabad

Economy|

* Developments
* Blue Area
* State Bank of Pakistan
* Chamber of Commerce & Industry
* Stock Exchange

Transport|

* Benazir Bhutto International Airport
* Constitution Avenue
* Faizabad Interchange
* Golra Sharif Junction railway station
* Grand Trunk Road
* Islamabad Highway
* Islamabad International Airport
* Islamabad railway station
* Karakoram Highway
* Ninth Avenue
* Seventh Avenue
* Territorial Highways of Islamabad Capital Territory

Demographics
and culture|

* List of people from Islamabad
* Aiwan-e-Sadr
* Parliament of Pakistan
* Supreme Court of Pakistan Building
* Faisal Mosque
* Fatima Jinnah Park
* Islamabad Zoo
* Golra Sharif
* Daman-e-Koh
* Pakistan Museum of Natural History
* Lok Virsa Museum

Education
(List of institutions)|

* Air University
* Al-Huda Institute
* Allama Iqbal Open University
* Bahria University
* Center for Advanced Studies in Engineering
* COMSATS Institute of Information Technology
* Federal Urdu University
* Hamdard University
* International Islamic University
* Mohammad Ali Jinnah University
* National Defence University
* Foundation University, Islamabad
* National University of Computer and Emerging Sciences
* National University of Modern Languages
* National University of Sciences and Technology
* Institute of Space Technology
* Iqra University
* Quaid-i-Azam University
* Shifa College of Medicine
* Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology

Sports|

* Islamabad Leopards
* Islamabad United
* Islamabad Football Association

* v
* t
* e

Economy of Pakistan

Currency,
governance,
regulation|

* State Bank
* Governors
* Budget
* Ministry of Finance
* Finance Minister
* Rupee
* Banknotes
* Coins
* Taxes
* Board of Revenue
* Bureau of Statistics
* Securities and Exchange Commission
* Companies
* Government-owned companies

History|

* Numbering system
* Five-Year Plans
* Nationalisation
* Privatisation
* Corporate sector
* Islamic economics
* Liberalisation
* Medium Term Development Framework
* Stagflation
* National debt
* Circular debt
* IMF relations
* Foreign aid
* US aid
* Current economic crisis

Transport|

* Airlines
* Airports
* Bridges
* Motorways
* Highways
* Rail
* Stations
* Ports
* Vehicle plates

Industry|

| Resources and
production|

* Renewable energy
* Solar
* Wind
* Nuclear power
* Fuel extraction
* Food
* Agriculture
* Rice production
* Tea
* Livestock
* Fishery
* Forestry
* Mining

|

Financial
services|

* Banking
* List
* Insurance
* KIBOR
* Pakistan Stock Exchange
* KMI 30 Index
* KSE 30 Index
* KSE 100 Index

Other|

* Education
* Media
* Cinema
* Newspapers
* Radio
* Television
* Music
* Healthcare
* AIDS
* Hospitals
* Manufacturing
* Aerospace
* Automotive
* Defence
* Pharmaceuticals
* Real estate
* Science and technology
* Internet
* Telecommunications
* Transport
* Books and publishing
* Cottage and small scale
* Forestry
* Information technology
* Textile
* Tobacco
* Tourism
* Medical tourism
* Mobile phones

People and labour|

* Billionaires
* Businesspeople
* Labour force
* Child labour
* Poverty
* Pensions
* Trade unions
* Unemployment

Domestic economies|

* Azad Kashmir
* Balochistan
* Gilgit-Baltistan
* Islamabad
* Khyber Pakhtunkhwa
* Punjab
* Faisalabad
* Lahore
* Rawalpindi
* Sindh (Karachi)

Business districts|

* I. I. Chundrigar Road
* Blue Area
* Gulberg, Lahore
* Saddar
* Serai Quarter

See also|

* Foreign trade
* International ranking
* Provinces by GDP
* Pakistanis by net worth
* Standard of living

Category
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template