Faisalabad as an Industrial City and Strong Trade Sector
Faisalabad has grown to become a major industrial and distribution center because of its central location in the region and connecting roads, rails, and air. The city is considered one of the most significant factories in Pakistan because of the exports that it puts on hold through physical as well as foreign trade.
Analysts have compared Faisalabad to Karachi in terms of trade because the products manufactured in Karachi have to pass through several long routes to reach their customers and have the chance to be exported. The products are priced low compared to the products produced in Pakistan so that they can reach the global market in a shorter time, thus boosting the export sector in the country. However, Faisalabad has its own markets and local products that it may be able to use in addition to foreign trade as its neighbors do.
The Pakistan website states:
“Faisalabad is located approximately 177 km south-west of Karachi, and the industrial city’s main industries include pharmaceuticals, leather, and textile” (Pakistan). The International Trade Centre (ITC) highlights these industries with successful plants including the Meerwala Chemical Factory, Terzi Glucose Factory, Berger Dye Factory, and many others. The Textile industry has signed numerous treaties with the European and American governments to produce readymade clothing.
Other examples include the New Karachi Behest Cooperative Society, the Pakistan State Sugar Mills, and many more. As Pakistan has government policies that aim to strengthen it as a whole, creating the strongest political and economic foundation, it must ensure that it supports the manufacturing sector as well. Doing so provides the government with a relatively stable environment to set overall economic policies. This is different from in countries that pursue private-sector driven growth, which could cause new economic trouble to arise instead of solid growth.
Faisalabad has diversified into textile Leather, pharmaceuticals, and tobacco industries because of its location in South Punjab, which is a region of Pakistan with an abundance of arable land. This also makes it a cheap transport hub for lower regions and geographically isolated areas. The main export of Faisalabad is said to be textiles industrial. The other exports include ceramic tiles, children’s clothes, and sanitary ware, whereas its imports include petroleum products, concrete pipes, buildings, machines, tools, energy technology, other minerals, and more.
Pakistan states that it has a GDP per capita of $429 which includes $337 in the industrial sector. It also shows that it has 4% GDP growth per year and is currently a major Pakistani manufacturer. Faisalabad industrial industrial industrial has a central location in the country because it is easy to access the interior of Pakistan and vital transportation and economic infrastructure. Pakistan also has no internal problems because of the ongoing Chinese initiative in Pakistan.
Pakistan has a strong external trade sector like any other country noise. These include mineral and petroleum products, food products, chemicals, and much more noise. But no other Pakistani city is as vital in Pakistan’s trade as Faisalabad is. The city is known as urban Pakistan’s Gateway to East and West because of its location in the south Punjab region, as well as its proximity to other provinces (Pakistan). In addition to being an essential export hub, Faisalabad industrial could be brought in other regions and industries in other regions to export their goods because it is well established in Pakistan published.
References
Gisdaru, Ayvam. (2016). industrial production: Faisalabad between Rawalpindi and Lahore. Industrial Production. Web. Faisalabad has grown to become a major industrial and distribution center because of its central location in the region and connecting roads, rails, and air. The city is considered one of the most significant factories in Pakistan because of the exports that it puts on hold through physical as well as foreign trade. Analysts have compared Faisalabad to Karachi in terms of trade because the products manufactured in Karachi have to pass through several long routes to reach their customers and have the chance to be exported.
The products are priced low compared to the products produced in Pakistan so that they can reach the global market in a shorter time, thus boosting the export sector in the country. However, Faisalabad has its own markets and local products that it may be able to use in addition to foreign trade as its neighbors do.
The Pakistan website states: “Faisalabad is located approximately 177 km south-west of Karachi, and the industrial city’s main industries include pharmaceuticals, leather, and textile” (Pakistan). The International Trade Centre (ITC) highlights these industries with successful plants including the Meerwala Chemical Factory, Terzi Glucose Factory, Berger Dye Factory, and many others.
The Textile industry has signed numerous treaties with the European and American governments to produce readymade clothing. Other examples include the New Karachi Behest Cooperative Society, the Pakistan State Sugar Mills, and many more. As Pakistan has government policies that aim to strengthen it as a whole, creating the strongest political and economic foundation, it must ensure that it supports the manufacturing sector as well. Doing so provides the government with a relatively stable environment to set overall economic policies. This is different from in countries that pursue private-sector driven growth, which could cause new economic trouble to arise instead of solid growth.
Faisalabad has diversified into textile, leather, pharmaceuticals, and tobacco industries because of its location in South Punjab, which is a region of Pakistan with an abundance of arable land. This also makes it a cheap transport hub for lower regions and geographically isolated areas. The main export of Faisalabad is said to be textiles.
The other exports include ceramic tiles, children’s clothes, and sanitary ware, whereas its imports include petroleum products, concrete pipes, buildings, machines, tools, energy technology, other minerals, and more. Pakistan states that it has a GDP per capita of $429 which includes $337 in the industrial sector. It also shows that it has 4% GDP growth per year and is currently a major Pakistani manufacturer. Faisalabad has a central location in the country because it is easy to access the interior of Pakistan and vital transportation and economic infrastructure. Pakistan industrial zones also have no internal problems because of the ongoing Chinese initiative in Pakistan.
Pakistan has a strong external trade sector like any other country. These include mineral and petroleum products, food products, chemicals, and many more. But no other Pakistani city is as vital in Pakistan’s trade as Faisalabad. The city is known as Pakistan’s Gateway to East and West because of its location in the south Punjab region, as well as its proximity to other provinces (Pakistan). In addition to being an essential export hub, Faisalabad could be brought in other regions and industries in other regions to export their goods because it is well established in Pakistan. ref
Gisdaru, Ayvam. (2016). industrial production: Faisalabad between Rawalpindi and Lahore. Industrial Production. Web.
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