PEOPLE OF SINDH > ECONOMIC DATA
Sindh plays a pivotal role in the national economic and development agenda. The Province comprises of 23.7% of Pakistan's population and 18% of its land area. It has the highest concentration of urban population at 49% as compared to an overall country average of 32.5%, making it the most urbanized province in the country.
With 23.7% of country's population, its contribution to the national GDP is around 30% and is contributing 65-69% of national tax collection.
Sindh is also the richest province in natural resources. Around 60% of the country's oil fields and 44% gas fields are located here and contributes 56% oil and 55% of Pakistan’s daily gas production. It has one of the largest coal reserves in the world (185 billion tonnes) and a huge potential for renewable energy with a 60 km wide and 180 km deep wind corridor.
Sindh has 54% of country's textile units, 40% of its sugar mills, 20% of pulp & paper mills and 35% of edible oil processed locally. Sindh accounts for 34% of total industrial capacity in large scale manufacturing and 25% of small scale manufacturing.
Despite the global economic downturn which began towards the end of 2008 Sindh's business sector has continued to be resilient and investments have continued to pour in to the local economy. Over the past few years, MNCs and local companies such as P&G, Coke International, Lotte Group of South Korea, AI Tuwairqi Steel Mills, Engro Corp., JS Group, Agha Khan Foundation, Wind Energy Farms (Zorlu, China Wind Energy, AES, Fuji) have committed to make investments worth around US$ 8 billion in the province in the coming years.