Pakistan has initiated a strategic roadmap aimed at accelerating private sector growth, fostering innovation, and achieving a targeted USD 100 billion in exports by 2035. Chaired by Federal Minister for Planning Professor Ahsan Iqbal, a key meeting reviewed this comprehensive strategy designed to position Pakistan prominently in the global economy through private-sector-driven development, innovation, entrepreneurship, and value-added exports.
Highlighting the importance of a private sector-led economic transformation, Minister Ahsan Iqbal instructed officials to translate the six strategic pillars outlined under the “Uraan Pakistan” (“Flight of Pakistan”) initiative into tangible, measurable, and cross-sectoral results. This approach aims to generate clearly visible economic impacts across various sectors and propel the country’s long-term economic resilience.
During the meeting, participants closely studied successful export-led growth models of several globally prominent economies, emphasizing the importance of learning from their experiences to achieve accelerated private-sector-driven economic growth. The meeting also discussed a thorough analytical evaluation of existing industrial and export clusters in Pakistan, identifying critical gaps and highlighting promising opportunities.
Participants stressed the need to develop innovative and high-value industrial clusters that align with future market demands. These new industrial clusters are expected to enhance the sustainability of Pakistan’s export efforts and position the country competitively within the global marketplace.
A detailed roadmap for the implementation and monitoring of these initiatives was comprehensively presented by Dr. Suhaib, Member for Private Sector Development. Several senior officials attended the meeting, including the Chief Economist, the Vice Chancellor of the Pakistan Institute of Development Economics (PIDE), and other senior officials from the Ministry of Planning.
