Pakistan’s economy exhibits an episodic pattern of growth
characterized by boom-and-bust periods. A narrow production and export base
makes the economy less resilient to adverse economic shocks, which results in a
binding balance-of payment constraint to growth.
Pakistan represents an opportunity for significant growth. Public
infrastructure in Pakistan has made some progress over the last five
decades. The government’s attention to the construction sector, combined
with the demographic realities of the population, means that urban development
simply must occur. As per World Bank, $2.4 billion government investment for
highways, power and transportation this year has been declared.
Pakistan is the fifth most populous country in the
world more than 220 million people and accounts for about 2.8% of
the world population.
The country occupies an area of 796,095 km². Its
capital is Islamabad. The largest port, city and business capital
is Karachi. Pakistan's second-largest city is Lahore. Other major Pakistani
cities are Faisalabad, Rawalpindi, Multan, Gujranwala, Hyderabad (Pakistan),
Peshawar, and Quetta. Spoken languages are Urdu, English, Punjabi,
Sindhi, Dari, Balochi, and Pashto. Main religion is Islam.
Highways form the backbone of Pakistan's transport system; a
total road length of 164,006 miles (263,942 kilometres) accounts for 92% of
passengers and 96% of inland freight traffic.
Motorways of Pakistan are a network of multiple-lane,
high-speed, controlled-access highways in Pakistan, which are owned,
maintained, and operated federally by Pakistan's National Highway
Authority. 1882 km of motorways are operational, while an additional
1854 km are under construction or planned.