Graana.com, in collaboration with the Iqbal Institute of Policy Studies (IIPS), analyzes the ways proper urban planning in the cities of Pakistan can accelerate economic growth.
Cities are the hub of innovation, livability, diversity, culture, and economic development. They help a country compete in the global economy by making the best use of land, bringing capital, making good investment decisions, allowing skills and division of labour, encouraging entrepreneurship, and generating revenue through industry, trade and tourism.
A well-planned urban settlement provides an efficient framework for growth and positively impacts the economy.
Despite so much importance, Pakistan has failed to develop urban planning approaches at the city level. The current scenario in the supply and cost of housing, traffic congestion, pollution and waste in different parts of Pakistani cities demonstrate the urgent need for an effective policy framework for urban planning. Inclusive planning laws in a hierarchical manner could create liveable cities that are economically viable, technologically advanced and sustainable. Strategic and adequately resourced urban planning systems help cities promote economic growth and productivity.
The government should enhance livability, prosperity, and equity in cities by developing a framework that anticipates the needs of residents coordinates efforts at the management and local levels and outlines a collective path. Globally, cities attract investment and talent to enhance economic activity. Planning for economic zones and industrial development greatly influences a city’s ability to generate jobs for its residents (Urban Gateway, 2021). To establish a well-functioning society, the government must redirect its urban settlement policy and channelise development through statutory measures and a well-thought-out implementation process.
In a landmark step toward environmental protection and climate resilience, the Federal Cabinet has approved…
Lahore: In a key step to stimulate economic activity and attract greater investment, the Punjab…
Lahore: The Lahore Ring Road Authority has unveiled plans to establish six state-of-the-art rest areas…
Dubai is on track to become a global pioneer in digital property investment, with plans…
LAHORE: The Economic Policy & Business Development (EPBD), an independent economic think tank, has called…
Karachi: Sindh Chief Minister Syed Murad Ali Shah has directed the Board of Revenue (BoR)…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
