Business Growth of Pakistan
2018-04-07 Mian Dawood 0 Franchise
Pakistan is the 27th largest economy of the world in terms of purchasing power, its population of 180 million, the sixth largest in the world-largely young, fast-growing and with an expending middle class with growing disposable income and widespread access-make it an excellent market. Business and trade is booming and international companies and people establish at Pakistan. Pakistan is one of the fastest growing economies of the world. Many visitor’s open new businesses in Pakistan, where franchise opportunities are bountiful. To keep this in mind Franchise Pakistan gives you a platform to expand your business to give it a new rise.
Pakistan economic growth in terms of purchasing power parity abbreviated GDP (PPP) is ever increasing as in list of IMF & world bank is ranked 25th & 24th respectively. And according to dawn news “Pakistan’s economy could become the 16th largest by 2050 based on its gross domestic product (GDP) at purchasing power parity (PPP), said a report prepared by PricewaterhouseCoopers (PwC), a multinational professional services network headquartered in London and considered among the ‘Big Four’ auditors”.
This means Pakistan would overtake Canada, which currently rank 17th place. The report titled as “The Long View-How will the Global economic order change by 2050”. The key findings of the report are that world economy will be more than double its size by 2050. And Major factors to contribute will be growth friendly policies & emerging markets may serve as growth engine of global economy. This means only growing businesses with a fast pace will be more successful & long lasting.
Franchise Pakistan believes that adopting businesses & industries in a franchising model is a key for business expansion on a rapid pace. As Pakistan is a major emerging market with a population of more than 203 million people’s needs facilitation & platform to connect with investors & franchisers. And once we able to penetrate the market with successful franchising expansion than growth friendly policies & franchising regulations will become the norms & need for the businesses.
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