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Tag: Invest in Pakistan

#6 Emerging middle class

#6 Emerging middle class

Together with a growing economy, Pakistan’s middle- class is also emerging. Currently, Pakistan’s middle class is estimated to be over 80 million people – a large number considering that is already the population of Germany alone. On top of that, its middle class is expected to even surpass Italy and UK’s in a forecast period between 2016-2021. Source: Bloomberg Additionally, Pakistan has become one of the world’s fastest growing retail markets. In fact, its retail stores are expected to grow up to…

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#5 Young and skilled workforce

#5 Young and skilled workforce

The median age of the population is 22.7 which makes Pakistan’s workforce very young and the country to gain from demographic dividends for the next decades. Source: populationpyramid.net This young workforce also includes top talents as there are several high-level technical schools in Pakistan, making good quality education attainable to some Pakistanis. In fact, six universities of Pakistan are brought out in the QS World University Rankings and ten others in Asia’s Top University Rankings. University World Rank in 2018…

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#4 Competitive labor cost

#4 Competitive labor cost

The minimum wage for the unskilled workers in Pakistan is currently around Rs. 15,000 ($125) per month. These workers are those who lack technical training and expertise. Examples are maids, fast food or grocery workers, and janitors. High skilled workers, on the other hand, have the average monthly wage of Rs. 41,100( $339). These workers have specialized training and a skill- set to perform their duties. For example, technicians, electricians, specialists, etc. Compared to other neighboring countries, such as India…

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