Вы находитесь на странице: 1из 10

Lack of Industrial

Development in Pakistan-
Reasons and Future Course
Muhammad Faizan Arif
CSID: 4709238
1
Sequence of Presentation
• Current Status of Industrial Development in
Pakistan
• Reasons of lack of industrial development in
Pakistan
• Future Course for Industrial Development/
Recommendation
• Conclusion
• References
2
Current Status of Industrial
Development in Pakistan
• Percentage share in GDP
• Agriculture 18.5%
• Manufacturing 20.3%
• Services 61.2%
• Ease of Doing Business 108/190
• Industrial Production -5.42%
• Trade Deficit 35.5B $ 3
Reasons of Poor Industrial
Progress in Pakistan

• Absence of National Industrial Policy


• Lack of Entrepreneurial Culture in Pakistan
• Low ranking in Ease of Doing Business
Index
• Industrial Credit constraint

4
Reasons of Poor Industrial
Progress in Pakistan

• Poor coordination between Government


Institutions
• Poor role of women in Business Sector
• Lack of skilled labor with technical
knowhow

5
Future Course/
Recommendations
• Formulating Comprehensive National Industrial
Policy
• Encouraging Entrepreneurial Culture in Pakistan
through Educational Institutes and Agents
• Ensuring Conducive Environment for Businesses
• Promotion of SMEs through Credit Unions
Associations and Local Government
6
Future Course/
Recommendations
• Information sharing in regular meetings amongst
Government Institutions
• Ensuring 100% women enrolment, supporting
Women Business Models
• Capacity building through work shops and trainings
• Stronger linkages need to be built between services
and manufacturing sectors with the ultimate aim of
transforming our economy from quasi-agricultural,
quasi-industrial to a services-led, high- 7
manufacturing, knowledge-based economy.
Conclusion
“The government should formulate a Comprehensive Industrial
Policy to diversify industrial production. It must remove all the
impediments to industrial development which include red tape,
poor tax administration and labor issues. The government must
ensure that the basic physical infrastructure, capital resources,
human resources and knowledge resources are adequately
developed with special focus on the country’s industrial growth
and competitiveness. It must ensure optimum utilization of
existing industrial capacities and bring about revival of sick and
closed industrial units in the country. The country’s industrial
policy should be based on the principal aim of self-reliance. The
government should encourage close collaboration between
public and private sectors in setting up some of the large 8
industrial ventures in the country”
References
• https://www.dawn.com/news/1521368/pm-inaugurates-first-
national-science-and-technology-
park
• https://blog.pakistaneconomist.com/2018/02/08/industrial-d
evelopment-pakistan-issues-challenges/
• https://www.dawn.com/news/1480460
• http://www.pbs.gov.pk/sites/default/files//tables/Table-7_0.
pdf
• https://www.researchgate.net/publication/
319875972_Determinants_of_Industrial_Sector_Growth_in_P
akistan

9
Q&A?

THANK YOU! 10

Вам также может понравиться