Pakistan a poor country?

Society Pakistan & World Affairs
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Large Iron, Copper, Gold, Nickel and Cobalt reserves discovered in Chiniot alongwith high grade coal in Mianwali, couple that with coal from Thar, Saindak (Gold), RekoDik (Gold and Copper) and North Waziristan (Gold). Huge capacity for utilizing coal, gas and hydel sources for producing energy for future use. Agriculture techniques can be further improved to raise revenue, cheap (trained) labour but then why Pakistan is still a poor country??? Is it only a case of mismanagement, lack of vision and political will to develop the country?

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/lahore/13-Jan-2012/chiniot-has-gold-shahbaz-hears

Chiniot has gold, Shahbaz hears

**LAHORE – Chief Minister Shahbaz Sharif, during a high-level briefing given to him by Secretary Energy Shahid Mehmood on Thursday, learnt that the Chiniot/Rajoa Iron Ore Project may shed vast reserves of gold, copper, nickel, cobalt and other minerals, apart from already located million of tons of iron ore.
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**He also learnt that there was a found of high-grade coal in Mianwali, while there were prospects of coal reserves in Cholistan as well. After the briefing, the chief minister directed the department concerned to build a residential colony, with a cost of Rs.1 billion, for the mining workers.
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Shahbaz Sharif said that the future of the country “is closely linked with minerals, livestock and dairy development and agriculture, adding that “this goal of self-reliance can be achieved by developing these sectors.”

Issuing instructions for setting up a core committee for speedy implementation of mining and energy projects, he directed that the committee should meet twice a month for this purpose. He also issued instructions for the immediate launching of work on the project of residential colony for mines labourers.

Provincial Minister for Mines, Ch. Abdul Ghafoor, Chairman Planning & Development Javed Aslam, Chairman Special Initiatives Entity Haroon Khawaja, and experts were present on the occasion.

Secretary Energy Shahid Mehmood gave a detailed briefing regarding the pace of implementation of the Chiniot/Rajoa and Kalabagh Iron Ore projects. He said that survey of mines has been conducted and data on 337 mines has been collected. He said that a sample of 40 tons iron ore has been sent to Germany for analysis while quality of coal found at different places in Punjab is also being tested. He said that international bidding has been made for Chiniot/Rajoa Iron Ore Project in which companies of China, Russia and Germany have taken part.

Geologist Dr. Fuzail A Saddique informed that 110 million tons of iron ore reserves had been identified in Chiniot and there are also indications of the presence of other minerals in the area. He said that there was a found of high-grade coal in Mianwali while there are prospects of coal reserves in Cholistan as well.** The CM said that Pakistan and Punjab province are rich in mineral wealth and their development can not only help strengthen national economy but also achieve the goal of self-sufficiency.** Meanwhile, he addressed a seminar held in collaboration with Punjab Information Technology Board and Google at Lahore Technology Park, here today. After his address, the Chief Minister also gave detailed answers to the questions by the participants. Replying to a question, he said that the poor and the common man also had equal right over the resources of the country.

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Re: Pakistan a poor country?

In addition to the resources, the most important is the human resources. The lack of job opportunities, salaries, law and order situation is forcing many of the technical people to go abroad. If the situation improves many will come back, and contribute further in the development of the country.

When industry in Pakistan was going down in 2011, positive news emanating from IT sector.

Wateen was the first company to launch Wimax services on commercial basis through out the country, and used to be the biggest Wimax Operator till 2008.

2011: Pakistan IT industry’s golden year

The year 2011 saw a number of positive developments in Pakistan’s Information and Technology (IT) industry, from app development to global recognition and a series of awards.

Pakistan Fast Growth 25

In a first for the IT industry, the Pakistan Fast Growth 25, a ranking of fast growth companies, listed 10 IT companies on its index. The Pakistan Fast Growth 25 is a program of the AllWorld Network in partnership with Harvard Business School Professor Michael Porter, launched in collaboration with JS Bank Limited.

**Official Game for ICC 2011 Cricket World Cup
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Local development company, Mindstorm Studios developed the official game for the ICC 2011 Cricket World Cup.The browser-based 3D game, “Cricket Power” features all 14 official teams along with players, stadiums and kits.

**Pak-India ICT Firms to enhance trade up to $5b
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Pakistani and Indian IT committees held bilateral talks separately on both sides of borders in March – aimed at enhancing trade ties in the field of IT. In the talks, both countries agreed to boost mutual trade in the IT sector by $5 billion through joint-ventures, investment and exchange of expertise.

**Netsol deal in India
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Local ICT company Netsol engaged with Indian companies to provide applications for financial services. It signed an agreement to sell its product “Netsol Financial Suite” to a global auto leasing company operating in India.

**Google grants to social innovators
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In another first for Pakistan, Google has granted seed money to a local association for social causes.

Google granted $250,000 to Pakistan Software Houses Association that launched Pasha Fund for distributing the amount to talented innovators. So far four individuals were selected to receive funds.

**Pepper.pk mobile apps triumph
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Local app developers, Pepper.pk hit the number one spot in Blackberry App World. Their application, LED Notifier Pro, has been immensely popular since its launch and ranked among the best selling Blackberry applications in the world. Additionally, their app, Photo Editor for BlackBerry has occupied the number one rank on App World twice in the past three months.

**TenPearls wins Nokia contest twice
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Pakistani IT firm TenPearls marked another record, beating out 800 entrants to bag second position and received a $50,000 cash prize at ‘Nokia & AT&T Innovators 2011 Contest’.

This is the second award TenPearls has received for its mobile app named “Animal 101” within a year. Their first award was first prize for their app uTrack mobile earlier in 2011 for the same platform in Pakistan.

**Pakistan Shines at APICTA
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Pakistan was declared the winner of two gold and five silver awards at the 11th annual Asia Pacific ICT Awards (APICTA) 2011 in Pattaya, Thailand. Pakistani firms secured two gold awards in the e-health and e-logistics and SCM categories and five silvers in the communication, financial, security, e-inclusion and e-community and e-government categories.

Pakistan’s team comprised of 18 products which competed against 162 different products from the Asia Pacific region.

*A version of this post originally appeared on ProPakistani.
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Re: Pakistan a poor country?

countries don't become wealthy by selling ore/minerals. even if it was possible, is that really the economic model you aspire to?

national wealth requires a diversified base of competitive industries comprised of quality companies. creating that industrial base requires a variety of inputs...but political stability and a national focus on achieving this goal are two macro level inputs missing in pakistan. without these, nothing else matters. it is not due to ineffective mining of copper and cobalt.

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Re: Pakistan a poor country?

how much hours u spend every day pondering over problems of pakistan:D

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Re: Pakistan a poor country?

^ considering the law and order situation, energy problems this is Pakistan’s economy which can be further improved if the situation improves. We need to further develop our industries, agriculture, IT sector and then utilize the minerals (Australia a first world country is only rich because of its resources and agriculture products) to diversify the sources of revenue.

*Economy of Pakistan - Wikipedia

Economy of Pakistan

From Wikipedia, the free encyclopedia

*The economy of Pakistan is the 47th largest in the world in nominal terms and 27th largest in the world in terms of purchasing power parity (PPP). Pakistan has a semi-industrialized economy,which mainly encompasses textiles, chemicals, food processing, agriculture and other industries. Growth poles of Pakistan’s economy are situated along the Indus River;diversified economies of Karachi and Punjab’s urban centers coexist with lesser developed areas in other parts of the country.The economy has suffered in the past from decades of internal political disputes, a fast growing population, mixed levels of foreign investment, and a costly, ongoing confrontation with neighboring India. However, IMF-approved government policies, bolstered by foreign investment and renewed access to global markets, have generated solid macroeconomic recovery the last decade. Substantial macroeconomic reforms since 2000, most notably at privatizing the banking sector have helped the economy.

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Re: Pakistan a poor country?

We have to take some drastic steps to rise to the top spot, while we should know the weaknesses that have made this talented nations into the slums of world minnows we must not get demotivated.

sentences like

*Pakistan ma kia rakha hay *etc will not help.

Trend is very encouraging, the youth is / educated masses are waking up and there is now only a minority who supports the ppp/mqm/PPP thugs in educated circles. Hopefully if we believe in our selves and if we keep on moving in right directions plus we try to create a strong dedicated leadership ALLAH willing our time is just round the corner.

You may read

http://spiritual-pakistan-future.blogspot.com/2011/01/mumtaz-mufti-book-alakh-nagri.html[http://spiritual-pakistan-future.blogspot.com/2011/01/prediction-by-jean-dickson-about.html

a](http://spiritual-pakistan-future.blogspot.com/2011/01/prediction-by-jean-dickson-about.html)nd

[http://spiritual-pakistan-future.blogspot.com/p/posts-by-author.html

I](http://spiritual-pakistan-future.blogspot.com/p/posts-by-author.html)t is not superstition / weak iman it is just that the time is very near, this is what i have heard from our noble scholars

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Re: Pakistan a poor country?

http://www.pakistantoday.com.pk/2011/12/lums-professor-becomes-first-pakistani-to-win-google-grant/LUMS professor becomes first Pakistani to win Google grant

Lahore - LUMS Computer Science Associate Professor Dr Umar Saif is the first Pakistani to win the prestigious Google Faculty Research Award for his research work funded by the US State Department. The US$ 100,000 Google Faculty Research Award was awarded to Saif for a low-cost rural telephony system that he has been working on for the past three years along with colleagues at UC Berkeley. Saif is currently on leave from LUMS and is working as the chairman of the Punjab Information Technology Board (PITB).
](“http://www.pakistantoday.com.pk/2011/12/lums-professor-becomes-first-pakistani-to-win-google-grant/")]("http://www.pakistantoday.com.pk/2011/12/lums-professor-becomes-first-pakistani-to-win-google-grant/”)

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Re: Pakistan a poor country?

Great job stating the obvious.

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Re: Pakistan a poor country?


the thread offered a bizarre contrarian view on the issue of pakistan's poorness. if people think unmined non-precious metal reserves are the solution to pakistan's economic backwardness than obviously what i stated is not obvious enough.

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Re: Pakistan a poor country?

How many universities do we have in top 1,000 of the world?

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Re: Pakistan a poor country?

^Who rates those universities?

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Re: Pakistan a poor country?

^ Rate the world universities according to HEC's criteria, or any other ratings methodology and let me know the answer and that's the answer to the OP's question.

We cannot really expect to develop without spending anything on education.

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Re: Pakistan a poor country?

pakistan needs to focus on immediate problems of pakistani economy which will make pakistani government self reliant.....

As well as have to focus on future of pakistani economy to convert pakistan into a welfare state....

for future of pakistan i think most important is world class education as well as 100% literacy rate.....

independant and fast judicial service is must for a just and developed society....

with 180 million poppulation pakistan is such a big market,while offering this market government should

use it to develope employment for pakistani youth

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Re: Pakistan a poor country?

We all understand that un-mined resources are not necessarily a source of income. I assume it obvious that anything that isnt being actively exploited for profit, is not going to be earning profit by the nature of its existence alone.

The point of this thread is to be inspirational. Its doesn't presume to be anything more. Its simply says we have the resources and the means to potential create a prosperous country.

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Re: Pakistan a poor country?

^ Got to agree with Med. These resources are assets that have been recently discovered. If I were to draw an equivalency with stocks, you can have a company with poor management but lots of assets. So while the company may be poorly run, a change of management can lead to significant better performance. Ditto with the situation here. If the leadership is changed in the future for the better, these assets will provide a better standard of living. Nickel and cobalt will find lots of industrial use, including Li-ion batteries.

Good luck!