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Tuesday 25 October 2011

KP Economy

Khyber Pakhtunkhwa Economy
Industries Sectors 

Industrialization has commanded a central position in all the five-year plans in the development/growth of the Pakistan's economy as manufacturing provides job opportunities to the population, technical advancement and capital mobilization. As far as Pakistan's GDP is concerned, after Agriculture, Manufacturing is a second important sector of economy contributing towards national income and is source of generation of employment. The importance of manufacturing sector has increased tremendously during recent years, in the wake of rampant poverty, over population, job scarcity and increase in import bill in industrial manufacture items. Therefore, manufacturing through local & foreign investments in manufacturing sector is the important strategy being followed by the present Government to stabilize the economic base of the economy through a network of industrial units, in large, medium and small-scale industrial units throughout the country, particularly in leftover and rural regions of the country. 

The Industrial position in Khyber Pakhtunkhwa is as under:

1.         1977-78                       260
2.         1987-88                       326
3.         1997-98                       624
4.         2002-03                       1961
5.         2003-04                       1964
6.         2004-05                       1967
7.         2005-06                       2219
8.         2006-07                       2236
9.         2007-08                       2254

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