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Role of Islamabad in the development of Pakistan

Role of Islamabad in the development of Pakistan

Islamabad, the capital city of the state of Pakistan, is also the 10th biggest city of the country. It is also a beautiful city of Pakistan, where tourists from all over the world come to visit. The population of Islamabad is recorded at 1.7 million according to the last year analysis. It is regarded as the most developed city in Pakistan. It is a disciplined metropolis partitioned into different divisions and zones. The sectors are as following:

  1. Secretarial segments
  2. Political communes
  3. Individual institutes and organizations
  4. Industrial sectors
  5. Commercial districts
  6. Residential areas
  7. Public recreational area sector
  8. Green belts and forests division

Education in Islamabad

Islamabad is the most educated city of Pakistan, having the peak literacy rate. Various high- graded institutions of higher education of Pakistan are situated in Islamabad, such as Pakistan institution of Engineering & Applied Sciences (PIEAS), Quaid e Azam campus and National university of Sciences and Technology (NUST).

Economical contribution of Islamabad

Islamabad having 0.8% of the total population, contributes a count of 1% to the Pakistan’s total GDP. Islamabad stock exchange (ISE) is the 3rd largest stock exchange in Pakistan, following the Karachi Stock Exchange (KSE) and Lahore Stock Exchange (LSE). The ISE has a total of 118 associates with 104 shared entities and 18 seperate members. It creates an average of more than one million shares daily.

The majority of nation -owned companies like PTV, Zarai Taraqqiati Bank Limited, PIA, OGDCL and PTCL are present in this city of Pakistan. There are various branches of Karachi-based corporations like banks and Television channels, located in Islamabad. Other head offices of major tele-communication companies for example Mobilink, PTCL, Ufone, Telenor and Zong are situated in Islamabad.

Political role of Islamabad

Islamabad plays a major role in the politics of Pakistan. Being the capital of the country, it performs as a center for Politics. Many govt. organizations and houses are located in Islamabad, such as National Parliament of Pakistan, Supreme Court of Pakistan, and Aewan e Saddar which is the authorized residence of the president of Pakistan.

Several political debates are obtained in Islamabad. Many political leaders also live in Islamabad. Being a highly political city of Pakistan, Islamabad has become a victim to various issues which are often created by politics.

Financial support from Islamabad

Islamabad, while being a political hub, also plays a great role for business opportunities, because it gives way too improved and aims at various global spectators, as compared to any other city of the country. Islamabad has a highly-established rate of officialdom and professionalism, being an ideal metropolis for foreign ambassadors, consulates and global firms, overseas operations and embassies. Information Technology (I.T) businesses are also experiencing a major boost in Islamabad. There are various software centers, which are providing large sum of income to the government of Pakistan and playing their key role in the financial development of Pakistan.

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