Lahore: Encyclopedia II - Lahore - Economy and business

Lahore - Economy and business

The center to Lahore's economy is the LSE, lahore stock exchange which is linked to the karachi stock exhange. The single biggest investor has over 200 million dollars invested in the exchange. It has all the Government corporations including WAPDA and WASA as well as other public companies including,Deewan motors, Habib bank, PSO and lever brothers, which has the highest price per share in LSE.

The city of Lahore never sleeps. The food/restaurant businesses are open all night long. They serve traditional dishes for dinner, till its time for serving breakfast in the morning. The markets are usually open night long. It is the second largest financial hub of Pakistan after Karachi, and has various industrial areas including Kot Lakhpat and the new Sundar Industrial Estate (near Raiwand) etc. Lahore has also been decided as the city to build the tallest hotel in South Asia, the new Pearl continental hotel.

As Lahore expands the previous resedential areas are being turned into commercial centres and the suburban population is consistently moving away from these places. This has resulted in the development of the Liberty market, which has everything for women. The MM Alam road, the premium destination in Lahore for continental food, the new Jail road which has of one the largest office buildings in Lahore only next to ones on Mall road, and the new 8 lane Main Boulevard road which has one of Lahore's largest shopping centres on either sides.

The sub-urban population from these areas are moving into less busy areas which resulted in a thriving construction industry. At the moment there are multiple mega housing projects in Lahore including, Bahria town, Lake city project, Eden villas etc. There is even a project (by a Pakistani and UAE group called Dhabi Group)to construct a beautiful and modern new city right outside of Lahore! This city will be bigger than the UAE city of Abu Dhabi!

Lahore - Infrastructure and development

Lahore is one of the most accessible cities of Pakistan. In addition to the historic Grand Trunk Road a.k.a G.T. road, a motorway was completed in 2000, from Lahore to Islamabad, the capital. Lahore also has the highest number of underpasses in Pakistan, due to an attempt by the government to link one end of the city to the other end.

Lahore - Pakistan Railways Headquarters HQ

Pakistan Railways HQ is also located in lahore. Pakistan Railways provides an important mode of transportation in the farthest corners of the country and brings them closer for Business, sight seeing, pilgrimage and education. It has been a great integrating force and forms the life line of the country by catering to its needs for large scale movement of people and freight.

Lahore - Lahore Central Railway Station

Lahore Railway Station, Dai Anga Mosque, Landa Bazaar

Lahore - The Allama Iqbal International Airport

The new airport has been constructed in 2003 named Allama Iqbal International Airport after the national poet of Pakistan Mohammed Iqbal. It facilitates for the increasing demand by passengers and the growth of the city for which it was built to accommadate. It is served by the national flag carrier, Pakistan International Airlines and many other national and international airlines to cater for the ever increasing tourism to the city. This new airport of international standards is expected to be one of the busiest airports in Asia in the upcoming years.

Lahore - Old Airport / Hajj Terminal

After Allama Iqbal International Airport took over from the previous airport, the previous airport was turned into the Hajj Terminal to facillitate the great influx of Hajjis that travel to the Kingdom Of Saudi Arabia to perform the Hajj every year. Services are operated by the national flag carrier, Pakistan International Airlines (PIA).

Adapted from the Wikipedia article "Economy and business", under the G.N U Free Docmentation License. Please also see http://en.wikipedia.org/wiki