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18. Pakistan

Copper Reserves As Of 2022: 12.3 million tons

According to recent geological studies, Pakistan possesses an estimated 12.3 million tons of copper reserves, a substantial resource of economic potential. These resources, primarily located in the Reko Diq region in Balochistan province, are yet to be fully exploited.

Top 20 largest copper reserves in the world and we have done "Zilch " to exploit this natural resource!

18. Pakistan

Copper Reserves As Of 2022: 12.3 million tons

According to recent geological studies, Pakistan possesses an estimated 12.3 million tons of copper reserves, a substantial resource of economic potential. These resources, primarily located in the Reko Diq region in Balochistan province, are yet to be fully exploited.

3rd largest copper reserves in the world and we have done "Zilch " to exploit this natural resource!
 
Gentlemen I have just arrived in Pakistan and here are some things I have noticed.

Hyper inflation. Example on everyday thing that differ from 2020 when I left.
1. Nestle bottle of water 1.5l now 100 rupees. Used yo be 50
2. Biscuits at gourmet bakery are 1000 rupees a kilo. This has doubled.
3. Went to change money from a money changer. Interbank rate as published on yahoo
£1= 354 pkr
I got £1=365 pkr.

The market is setting its own rates. To buy pounds was 372 pkr.

Those in good jobs and highpositions get paid in dollars and their exposure to inflation is curtailed as they can exchange dollars for rupees as and when. Those who are salaried in pkr are in trouble.
 
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Top 5 Biggest Business Groups In Pakistan :-

1. Nishat Group = $5.57 Billion
2. Bestway Group = $4.50 Billion
3. Hashu Group = $3.80 Billion
4. Bahria Town = $3.4 Billion
5. Schon Group = $1.80 Billon

The Top 10 Business Groups of Pakistan




A little glimpse of Pakistan’s Top Business groups, who have struggled hard to be where they are right now which is a great achievement for them and Pakistan as well moreover these businesses are very important for our country’s Economy as they are the reason for the increase in the Gross Domestic Product (GDP) to increase leading the economy to boost up.

Nishat Group/Mian Mansha (Worth:$5.57 billion)​

Nishat Group is a business cooperation owned by the country’s richest man Mian Muhammad Yahya Mansha with a worth of $5.57 billion, Mian Mansha has attained numero UNO Position as Pakistan’s Richest Man for the Last 15 years. Mansha Owns Around 60 companies. After 1979 mansha established the Largest Textile Complex setting up about 7 textile mills in the city of Faisalabad named nishatabad, being the largest exporter of Pakistan with exports above $1 Billion. Moreover the business Group now owns biggest cooperations of Pakistan including MCB bank, DG Khan Cement, AdamJee life insurance, Nishat Textiles, Nishat Power, Nishat Properties, Nishat Hotels, Hyundai Nishat Motors and Nishat Emporium.

Mian-Mansha.jpg

Bestway Group/Sir Anwar Pervaiz (Worth:$4.50 billion)​

Bestway group started back in 1976 with its first cash and carry warehouse opened in London, Now it owns 63 cash and carry Warehouses becoming the second largest Wholesaler in UK. The business has a Worth of $4.50 billion Dollars with an excessive turnover of $4.8 billion. The business group recently took control over the rival group Batleys for around 100 million pounds. Taking advantage of the growing economy the business is 25.5% stakeholder in the United Bank. The bestway Group owns the Largest Cement Production Capacity in Pakistan and has interest in Cash&Carry Wholesale, Property Investment, Retail Outlets, Milling Of rice, Lentils and Pulses and is more recently in the Pharmacy.

anwar.jpg


Hashu Group/Sadaruddin Hashwani (Worth:$3.80 billion)​

Hashu Group was established as ali hassan and company, a commodities trading company on karachi port and by 1970s it became the Largest trading company of Pakistan, in 1972 the group came into the hospitality business. The Business group established Holiday inn hotel in Islamabad and then in Karachi. In 1985 the group made a successful bid on the Majority Shares of Pakistan Services Limited. Which then owned 4 inter continental hotels across Pakistan Known as Pearl-Continental Hotels. Today the business group has excelled in the export of Rice, Wheat, Cotton and Barley, Owns Textile Mills, Mines, Minerals, Hotels, Insurance and batteries with a net worth of $3.80 Billion.

Sadaruddin Hashwani


Bahria Town/Malik Riaz Hussain (Worth:$3.4 Billion)​


Malik Riaz Owns Pakistan Largest Real estate Developer Group Bahria Town, with a worth of $3.4 Billion. Malik Riaz has given out free bungalows or properties at highly concessional rates to known personalities and yet has managed to keep his wallet generously big. Moreover Malik Riaz is the first man to drive a bentley car on **** Land. The Business Group has expanded ambitiously over the time and the group secured 60,000 employees, Looking over into Malik Riaz’s history he started off as a clerk in military and used to work part time as a painter, Due to the financial crisis his father was facing he had to drop out off high School and work tirelessly. Now Malik is one of Pakistan’s Richest Tycoons and owns the leading business Group.

malik-riaz.jpeg


Schon Group/Nasir Schon (Worth:$1.80 billion)​

Nasir Schon is a Prominent Business Leader of Pakistan and CEO of Schon Group of Companies, Moreover the Schon Group is one of the few striving Muhajir Business families in Pakistan. Starting From 1982 the group started in Singapore, the peak of the business group was in 1995 when they got the ownership of National Fibres. In 1997 business group invested in and worked on many real estate projects, including luxury residential properties and commercial developments. One of Schon’s current business ventures includes a real estate project called Dubai Lagoon, an over $800-million dollar mixed-used development in The United Arab Emirates.

Schon Group - The Top 10 Business Groups of Pakistan

Dawood Group/Hussain Dawood (Worth:$1.65 biliion)​

Dawood Hercules Founded in 1948, the business is catering finance to fertiliser business holding a worth of $1.65 billion. The development of coal mining in thar is major undertaking of entire DH group with subsidiaries handling, fertilisers and food. The project has also incorporated into the CPEC initiative. In 1970 the group was ranked to be the richest in Pakistan. The following business group is the partner of Pakistan in prosperity and growth, today Dawood Hercules (DH) deploys and manages investments in the subsidiaries and associated companies of Dawood Hercules Group, a family-owned business with a history of entrepreneurship spanning over a century.

Dawood Hercules Group - The Top 10 Business Groups of Pakistan


Ary Group/Abdul Razzaq Yaqub – Late(Worth:$1.40 Billion)​

Abdul Razzaq is a prominent expatriate Businessman of Pakistan based in Dubai. The Business owns large property Holdings in Karachi,Islamabad and Dubai with a worth over $200m. Now the group has major gold Market owning numerous outlets in Asia. Among other business groups this group is now owned by Salman Iqbal son of the Late Abdul Razzaq Yaqub, the legend passed away in 2014 after a protracted illness. ARY Digital is the subsidiary of the Business Groups established in 1970. The ARY Group of companies is a Dubai-based holding company, with a worth of $1.40 billion.

Ary Group - The Top 10 Business Groups of Pakistan


House of Habib/ Rafiq M Habib(Worth:$1.24 Billion)​

House of Habib is the Famous Business Khoja Family with a worth of $1.24 Billion. Currently the group owns 18 companies dealing in automobiles, Finance, retail, energy and etc. with 22,000 employees on Board. Among other Business groups this group is also involved in educational sector owning schools colleges and universities. Moreover The Habib family ownns offices in vienna and Geneva as early as in 1912 and incorporated Habib and Sons in 1921, which dealt in brass, metal scraps and gold with Lion of Ali and Zulfikar Ali embossed on it. The Habib Bank still uses this as its insignia.

House of Habib - The Top 10 Business Groups of Pakistan


Packages Group/ Syed Babar Ali (Worth:$870 million)​

Packages Group with a worth of $870 million owns numerous coco cola Plants in Pakistan. It Famous Brands include Nestle Milk Pack, Mitchells,Treet, IGI insurance, IGI Investment bank and Tri-Pack Films. Moreover it has stakes in the Textile, Dairy, Agriculture and Rice sector too. Packages is providing complete set of solutions for Packaging. And is the head of Board of LUMS university and Owns the Packages Mall in Lahore as well. Moreover the business groups were established in 1985 as Babar Ali Foundation, and this foundation is contributing to the educational sector by funding a million dollars annually for health and education in Pakistan, Babar Ali served at different ministries including Ministry of Economic Affairs, Finance, and planning in caretaker set-up in 1993.

Packages Group - The Top 10 Business Groups of Pakistan


Sapphire Group/Mian Abdullah (Worth:$850 million)​

Sapphire group is one of the Largest Textile Exporters in Pakistan, the Sapphire Technologies comes from USA, Japan and Europe. The business has a worth of $850 million owned by a veteran Businessman Mian Abdullah the empire owns 11 yarn spinning plants, 3 Wooven plants for greige fabric, One yarn dyeing plant. Moreover Dozens of tycoons has proposed his name for leading the APTMA in case of an interim Setup. Mian Abdullah is an active philanthropist and has served on Board of various philanthropic organizations. He has twice been bestowed with Pakistan’s top civilian award, Sitara-e-Imtiaz in recognition of his contribution towards business.
 
Is there a plan to attract $75 billions worth of “investments”? Will they also be poorly negotiated like the CPEC deals? Will Pakistan be selling its national assets; ports, railways, airports, motorways, mines, farmland, communication frequency for cheap? Will communications even be secure if a UAE based company with ties to India buys the telecom rights just like a UAE based Indian company wanted to buy Karachi port?


Seems like it’s a $100 Billion. The comparison is given to Egypt. But has the tens of billions of dollars “invested” into Egypt fixed their economy, or just made the elite more wealthy and kicked the problems down the road, till it is nearly impossible to solve them, as in Lebanon?

 
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Is there a plan to attract $75 billions worth of “investments”? Will they also be poorly negotiated like the CPEC deals? Will Pakistan be selling its national assets; ports, railways, airports, motorways, mines, farmland, communication frequency for cheap? Will communications even be secure if a UAE based company with ties to India buys the telecom rights just like a UAE based Indian company wanted to buy Karachi port?


Seems like it’s a $100 Billion. The comparison is given to Egypt. But has the tens of billions of dollars “invested” into Egypt fixed their economy, or just made the elite more wealthy and kicked the problems down the road, till it is nearly impossible to solve them, as in Lebanon?


In germany we had a bad experience with the privatisation of rail/ports/airports/mail/internet/infrastructure/ect. The argument in the 90s was that there will be lesser cost for the state, and yes, in the first lets say 10 years all work out like that. But then economics trouble arised and the state had to invest a lot to hold up these services at a minimum level although these are private companies now, e.g. the rail company "Die Bahn". So sometimes it is better to hold essential parts of the country in states hand.
 
In germany we had a bad experience with the privatisation of rail/ports/airports/mail/internet/infrastructure/ect. The argument in the 90s was that there will be lesser cost for the state, and yes, in the first lets say 10 years all work out like that. But then economics trouble arised and the state had to invest a lot to hold up these services at a minimum level although these are private companies now, e.g. the rail company "Die Bahn". So sometimes it is better to hold essential parts of the country in states hand.
At least Germany has some accountability and citizen input, because countries like Egypt and Lebanon are at the mercy of international relations.

What’s happening in Pakistan seems like just another “shortcut” to gun up the economy for a few years till reality hit, in hopes they rid out the IK/PTI effect.
 
At least Germany has some accountability and citizen input, because countries like Egypt and Lebanon are at the mercy of international relations.

What’s happening in Pakistan seems like just another “shortcut” to gun up the economy for a few years till reality hit, in hopes they rid out the IK/PTI effect.

It is a dangerous way with lots of traps to fall in. E.G. in germany even sewage treatment plants get sold with a time frame of 30 years. So the new owner is some financial group in US and the community (the village or city ect.) leased back their own sewage treatment plants. So yes, the costs gone down for a while, but the problem was that the village cant change anything at their own sewage treatment plants, have to hold them in the state as they were at signing contract. And so the villages had to build total new second own sewage treatment to hold up with the civilian development and that often cost trice or more than what they would had to pay if they only expand their old own sewage treatment. And that brought a lot of villages near bankrupt and they cant even buy anything for their schools or kindergarten ect.
 
It is a dangerous way with lots of traps to fall in. E.G. in germany even sewage treatment plants get sold with a time frame of 30 years. So the new owner is some financial group in US and the community (the village or city ect.) leased back their own sewage treatment plants. So yes, the costs gone down for a while, but the problem was that the village cant change anything at their own sewage treatment plants, have to hold them in the state as they were at signing contract. And so the villages had to build total new second own sewage treatment to hold up with the civilian development and that often cost trice or more than what they would had to pay if they only expand their old own sewage treatment. And that brought a lot of villages near bankrupt and they cant even buy anything for their schools or kindergarten ect.

I assume it was in the period just after reunification, when people were told to deregulate and privatize everything. 30 years on, have the people learned not to do the same thing? Are there laws or regulations in place to prevent the same thing from happening again. I’m not sure which part of Germany you are in, but the former West Germany has to pay to help bring East German infrastructure up to the same level as the west. Did that have an effect on this? Also, how much long is that tax expected to last? Perhaps when that tax ends and the terms of these deals expire, German towns and villages will be able to renegotiate or rebuild on their own terms.
 
I assume it was in the period just after reunification, when people were told to deregulate and privatize everything. 30 years on, have the people learned not to do the same thing? Are there laws or regulations in place to prevent the same thing from happening again. I’m not sure which part of Germany you are in, but the former West Germany has to pay to help bring East German infrastructure up to the same level as the west. Did that have an effect on this? Also, how much long is that tax expected to last? Perhaps when that tax ends and the terms of these deals expire, German towns and villages will be able to renegotiate or rebuild on their own terms.

Yes, at that time there was no more "need" to present west germany as "role model" of the great "West". After 1990 the plundering of Germany began and still is going on. Wheras the "Soli" was ok cause there was a lot to build and repair in the former DDR. But it was first said that the Soli is for only 5 years, then 10 years, and now it exists still today and is used for a lot shitty things instaed of what it was said it is for.
 
Yes, at that time there was no more "need" to present west germany as "role model" of the great "West". After 1990 the plundering of Germany began and still is going on. Wheras the "Soli" was ok cause there was a lot to build and repair in the former DDR. But it was first said that the Soli is for only 5 years, then 10 years, and now it exists still today and is used for a lot shitty things instaed of what it was said it is for.
So now it’s a politically untouchable entitlement for the erstwhile East Germany. Has any politician tried to coral it in or fit the tax?
 
So now it’s a politically untouchable entitlement for the erstwhile East Germany. Has any politician tried to coral it in or fit the tax?
Middle germany, its called middle germany. East germany is half of poland. And yes, the Soli is already used for a lot of other things
 
Me think Pakistan isnt in that bad position what a lot of people say it is. Maybe some already recognize, that for me ground pillars of a country are water, food, knowledge and energy. All others are based on them. And if i look in the Pakistan sections here on PDF i can see developments in this fields. So basics are in development and what me think is missing is a goal where the country should go in long term, a consensus about how Pakistan should be and how to get there.
 
Is there a plan to attract $75 billions worth of “investments”? Will they also be poorly negotiated like the CPEC deals? Will Pakistan be selling its national assets; ports, railways, airports, motorways, mines, farmland, communication frequency for cheap? Will communications even be secure if a UAE based company with ties to India buys the telecom rights just like a UAE based Indian company wanted to buy Karachi port?


Seems like it’s a $100 Billion. The comparison is given to Egypt. But has the tens of billions of dollars “invested” into Egypt fixed their economy, or just made the elite more wealthy and kicked the problems down the road, till it is nearly impossible to solve them, as in Lebanon?


There is no plan. Sign MOUs to keep some bureaucrats employed to pencil push.

No one is going to fork out hard capital of relevance into Pakistan this decade and likely the next one too.

Chinese foreign loan funding will also dry up given their own local debt pile problem at home coming to light increasingly.

Pakistan did not make enough hay when the sun shone brighter and opportunities beckoned, it has only itself (well its establishment and upper crust types) to blame.
 

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