Economy of Islamabad

Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP.^[1] The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange.^[2] The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares.^[3] As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20% of all the revenue collected by the Federal Board of Revenue (FBR) as of 2012.^[4]

Islamabad has seen an expansion in information and communications technology with the addition three Software Technology Parks which house numerous national and foreign technological and IT companies. The tech parks are located in Evacuee Trust Complex, Awami Markaz and I-9 sector. Awami Markaz houses 36 IT companies while Evacuee Trust house 29 companies.^[5] Call centers for foreign companies have been targeted as another significant area of growth, with the government making efforts to reduce taxes by as much as 10% in order to encourage foreign investments in the IT sector.

Most of Pakistan's state-owned companies like Pakistan International Airlines, PTV, PTCL, OGDCL, and Zarai Taraqiati Bank Ltd. are based in Islamabad. The city is home to many branches of Karachi-based companies, banks, and TV channels. Headquarters of all major telecommunication operators such as PTCL, Mobilink, Telenor, Ufone, China Mobile and are located in Islamabad.

Business

According to the World Bank's Doing Business Report of 2010, Islamabad was ranked as the best place to start a business in Pakistan.^[6]

References

Territory of Islamabad topics
History	History of the Punjab History of Khyber Pakhtunkhwa History of Pakistan Constantinos Apostolou Doxiadis Ayub Khan Yahya Khan 2005 Kashmir earthquake Siege of Lal Masjid
City and geography	Islamabad Capital Territory Islamabad Metropolitan Corporation Capital Development Authority Mayor of Islamabad Koral Rawalpindi Model Town Humak Pothohar Plateau Margalla Hills Gakhar Simly Dam Golra Sharif Khyber Pakhtunkhwa (1901–55) Punjab Birds
Economy and transport	Developments in Islamabad Blue Area State Bank of Pakistan Benazir Bhutto International Airport Karakoram Highway Grand Trunk Road Constitution Avenue Faizabad Interchange Islamabad Chamber of Commerce & Industry Islamabad Highway Islamabad Stock Exchange Seventh Avenue Ninth Avenue
Demographics and culture	List of people from Islamabad Punjabis Muhajirs Pashtuns Aiwan-e-Sadr Parliament of Pakistan Supreme Court of Pakistan Faisal Mosque Fatima Jinnah Park Islamabad Zoo Golra Sharif Daman-e-Koh Pakistan Museum of Natural History Lok Virsa Museum
Education	Educational institutions Air University Al-Huda Institute Allama Iqbal Open University Bahria University Center for Advanced Studies in Engineering COMSATS Institute of Information Technology Federal Urdu University Hamdard University International Islamic University Mohammad Ali Jinnah University National Defence University Foundation University, Islamabad National University of Computer and Emerging Sciences National University of Modern Languages National University of Sciences and Technology Institute of Space Technology Iqra University Quaid-i-Azam University Shifa College of Medicine Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology
Sports	Islamabad Leopards Islamabad United

Economy of Pakistan
History	Numbering system Five-Year Plans Nationalization Privatization Corporatization Fauji Foundation Islamic economization Economic liberalization Medium Term Development Framework Periods of stagflation
Banking and finance	Banking (List of banks) Pakistan Remittance Initiative
Communications	Currency Mailing Postal codes Postage stamps Telecommunications Dialing codes Internet Mobile network operators Telephone numbers Pakistan Remote Sensing Satellite
Transportation	Airlines Airports Bridges Motorways National highways Railways Railway stations Dry ports Seaports Vehicle plates
Industry	Aerospace Agriculture Fishery Livestock Rice production Tea Defence Automotive Books and publishing Cottage and small scale Forestry Information technology Insurance Mining Media Cinema Television Music Pharmaceuticals Real estate Textiles (Carpets and rugs) Silk Tourism Medical tourism
Infrastructure	Buildings Education Schools Universities Healthcare AIDS Hospitals Housing Poverty Science and technology Water supply and sanitation (Dams) Water resources management
Energy	Electricity Fuel extraction Nuclear power Policy Power companies Power stations Renewable energy Solar power Wind power
Taxation	Federal Board of Revenue Tax on cash withdrawal
Institutions	Companies Islamabad / Karachi / Lahore stock exchanges Ministry of Commerce (Ministers) Ministry of Finance (Ministers) National Bank of Pakistan Planning Commission Research institutes Securities and Exchange Commission State Bank of Pakistan (Governors)
Society	Billionaires Businesspeople Demographics Labour force (Child labour) Public holidays Urbanisation Pensions
Domestic economies	Azad Kashmir Balochistan FATA Gilgit-Baltistan Islamabad Khyber Pakhtunkhwa Punjab Faisalabad Lahore Rawalpindi Sindh (Karachi)
See also	Central business districts Foreign aid Foreign trade International ranking Investment in Pakistan Sister cities Provinces by GDP Pakistanis by net worth Politicians Standard of living
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