{"id":3908,"date":"2020-04-27T20:42:24","date_gmt":"2020-04-27T20:42:24","guid":{"rendered":"https:\/\/investinpak.com\/?p=3908"},"modified":"2023-02-08T18:26:06","modified_gmt":"2023-02-08T18:26:06","slug":"richest-city-in-pakistan","status":"publish","type":"post","link":"https:\/\/investinpak.com\/richest-city-in-pakistan\/","title":{"rendered":"Richest City in Pakistan: This will blow your mind away"},"content":{"rendered":"
I was going through a report from the World Bank when it caught my attention that multiple organizations rank cities around the world based on multiple factors. The immediate question that caught my mind was that which one would be the richest city in Pakistan? So I dug in deep and realized that we need to scale each city based on some common facts and figures derived by neutral organizations.<\/p>\n
So, I can up with the following elements that would decide the richest city in Pakistan.<\/p>\n
Lot’s of people had an opinion that since Karachi generates most of the revenue (being the financial capital) for Pakistan, it should be ranked as the richest city in it. However, we must not forget that we are looking at a variety of factors that includes revenues as well as the well being of its residents in general.<\/p>\n
Here are my findings<\/p>\n
Islamabad does not lie close to Karachi and Lahore if we talk about the GDP, however, it is pretty much ahead in the human development index and general amenities. Ig I come up with a few reasons to rank Islamabad as the richest city in Pakistan, they would include but not limited to the living standards, job opportunities, ease of doing business, education and health care facilities, industrial zones, mega development projects and tourist spots.<\/p>\n
There are very few things that we could compare with other cities as Islamabad is like the apple of an eye for the state, not only because it is the capital city, but also because it has all it needs to be the best.<\/p>\n
Human development index: 0.81<\/strong><\/p>\n I think most of us know that Karachi is the financial capital of Pakistan. There is no doubt that it is the second richest city in Pakistan considering a lot of things.<\/p>\n Karachi has a GDP of $212 billion and HDI of 0.69. The city is rich in industrial and manufacturing zones, the port aids to the revenue generation and employment opportunities. Living standard and health care facilities are not equally available to all citizens but if we compare it with the rest of the cities, they are still way ahead.<\/p>\n2- Karachi:<\/h2>\n