Welcome to the bustling metropolis of Kingdom Valley Islamabad, where business is booming and economic growth is at an all-time high. From its vibrant shopping centers to its luxurious housing estates, this city has become a hub for entrepreneurs and investors alike. But what exactly drives the economy in Kingdom Valley Islamabad? In this blog post, we'll take a closer look at the various industries that make up this thriving economic landscape, as well as some of the challenges faced by businesses operating in this dynamic environment. So buckle up and get ready to explore one of Pakistan's most exciting cities!
Economic Overview
The Kingdom Valley Islamabad is an agricultural and industrial area located in the federal capital of Islamabad. It has a population of more than 1.2 million people and is one of the most densely populated areas in the country. The economy of the area is based on agriculture, livestock, light manufacturing, and services. The main exports are fruits and vegetables, wheat, tobacco, cotton, motorcycles, and carpets. The main imports are machinery and equipment, vehicles and medicaments. Industrial development is limited due to the high population density and lack of available land. Services make up the majority of the sector's growth.
Agriculture and Livestock
Kingdom Valley is located in the Islamabad Capital Territory of Pakistan. It is bordered by Rawalpindi district to the north, Sheikhupura district to the east, Vehari district to the south, and Narowal district to the west. The agricultural land in Kingdom Valley comprises both irrigated and rain-fed land. Irrigated agriculture predominates in the area, with an estimated 18% of the total area under irrigation. Rainfed agriculture accounts for 74% of the area under cultivation.
The main crops grown in Kingdom Valley are paddy, maize, wheat, sugarcane, cotton, and vegetables. Livestock include cows, sheep, goats, pigs, and camels.
Former Prime Minister Nawaz Sharif's family owns approximately 1% of the agricultural land in Kingdom Valley. The majority of landowners are smallholder farmers who own between 1 and 10 hectares of land. There is also a significant number of absentee landlords who own more than 100 hectares of land but do not reside in the valley. Agricultural production has been adversely affected by terrorism and unrest over recent years. Cotton production decreased by 50% between 2009 and 2013 because of terrorist activity and lack of access to inputs due to uncertainty caused by militancy.[1]
Despite these challenges, there have been improvements in crop yields over time as a result of better practices adopted by farmers and increased investment in agricultural infrastructure such as irrigation systems or farm inputs such as fertilizers or seeds.[
Trade
Kingdom Valley is a bustling trading center in Islamabad, Pakistan. In addition to traditional trade goods like textiles and agricultural products, the valley is home to a number of international businesses, including car and motorcycle manufacturers. This robust economy has helped the area maintain its status as one of the most prosperous regions in Islamabad.
The trade sector employs a large number of people in Kingdom Valley. The automotive industry, in particular, accounts for a large portion of the workforce. The valley also has a significant textile industry, which employs many women. However, much of the economic activity in Kingdom Valley depends on international investment. This is partly due to the instability of the Pakistani currency and the reluctance of local businessmen to invest in risky ventures.
Despite these challenges, Kingdom Valley continues to be an important part of Islamabad's economy. It provides jobs for residents who are unable to find other opportunities and generates revenue that can support other businesses in the region.
Services and Manufacturing
Kingdom Valley is one of the few industrial zones in Islamabad. The zone has a population of about 7,000 and manufactures products like textile, pottery, pharmaceuticals, construction materials and machines. There are six factories in the zone and they employ around 1,000 people.
The zone got its start in the early 1990s when two businessmen from Dubai decided to invest in Islamabad. They started out by opening a small textile factory that employed about 50 people. Soon enough, other businesses followed suit and the zone grew exponentially. Today, there are six factories in the zone and they employ around 1,000 people.
One of the biggest benefits of being located in Kingdom Valley is that it has easy access to major highways and port facilities. This makes it easy for businesses to get their products to market quickly. Additionally, the zone has friendly tax laws that make it easy for companies to operate here without having to worry about too much red tape.
Overall, Kingdom Valley is a thriving industrial zone that employs hundreds of people and produces products that are sold all over Pakistan. It is an excellent option for businesses looking for an affordable location with quick access to markets across Pakistan
Tourism
Tourism is one of the fastest growing industries in Pakistan. According to a report by World Travel and Tourism Council (WTTC), Pakistan is expected to generate US$ 20.5 billion from tourism by 2021.
The WTTC report also states that the country has an opportunity to attract more tourists due to its diverse geography and culture, as well as its proximity to other countries in the region, such as Afghanistan and Iran. The report highlights the potential of Islamabad as a tourist destination, noting that it is a cosmopolitan city with many attractions, including natural beauty, historical sites, cultural events, and recreational areas.
There are several reasons why Islamabad is attracting more tourists. First of all, it is close to several popular tourist destinations like Karakoram National Park and Bukhara. Secondly, Islamabad has a rich history which can be explored through various attractions such as the Independence Monument and Murree Hills. Thirdly, there are plenty of shopping opportunities in the city which make it an ideal place for visitors who want to buy souvenirs. Finally, Islamabad is known for its friendly environment which makes it a perfect destination for families with children.
Conclusion
The Kingdom Valley Islamabad economy is thriving and growing, thanks to the many businesses that have invested in this area. The local population has a wealth of opportunities available to them, as Kingdom Valley Islamabad continues to grow and prosper. With so much happening in this region, there is no doubt that businesses of all sizes will be able to find success here. Thanks for reading!
