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Thursday, July 30, 2009

Economy

Economy of Faisalabad

Agricultural exports form an important part of Faisalabad's economy
A PricewaterhouseCoopers study released in 2007, that surveyed the 2005GDP of the top cities in the world, calculated Faisalabad’s GDP (PPP) to be $10 billion. The city was third behind Karachi ($55 billion) and Lahore ($28 billion). Faisalabad's GDP is projected to rise to $24 billion in 2020 at a growth rate of 6.0%, higher than the growth rates of 5.8% and 5.9% predicted for Karachi and Lahore.
Faisalabad has a strong industrial base including textiles, jewelry, home furniture, and pharmaceuticals, assisted by the expanding transport network which includes newly-built motorway and highways to Lahore, Multan, Sargodha and Islamabad/Rawalpindi. Faisalabad is one of the three planned cities of the country. The eight bazaars of the city each have different types of markets and goods.
Before independence, there were only five industrial units in Faisalabad, but now there are numerous textile mills, engineering units and chemical and food processing units. Other industries include hosiery, carpet and rugs, nawar and lace, printing and publishing and pharmaceutical products etc. There are also several thousand household industries, including some 60,000 power loom factories.
The textile industry of Faisalabad constitutes more than 70% of the textile export market of Pakistan which have a share of 68% in total exports from Pakistan. This makes Faisalabad’s share of total exports from Pakistan to be more than 45%.

Shopping malls are springing up in the city to meet the needs of a trendier generation
The district is unparalleled for its agricultural productivity. The area grew in importance as the grain belt of the Punjab during the wake of colonisation. This lead to economic development of towns and villages within the district. Crops that have become major exports out of Faisalabad include the Kharif crops which include maize, rice, sugarcane and bajra as well as the Rabi crops which include wheat, barley, gram and barseen. In addition to these, there are also Zaid Kharif and Zaid Rabi crops. Zaid Kharif crops are toria, raiya, sarsoon and Zaid Rabi crop is tobacco. The use of tractors is becoming popular and is fast replacing the conventional ploughs. Improved variety of seeds, fertilizers and pesticides have greatly increased per acre yield and with that the prosperity of the peasant community which has toiled for three generations to transform a barren land into verdant fields. Faisalabad district is famous for its fruit production. The important fruits are oranges, bananas, apples, sugarcanes, tangerines, fruiter, mangos, guava and Faalsa. The total area under fruit orchards is 34,517 acres (13,969 ha).
The rise of the middle class as a result of economic boom in the past decade has led to the construction of major malls and shopping plazas amid investment from the United Arb Emirates as well as many European firms. The projects currently under construction include Motorway City, Kohinoor One, Doburg, Gateway Towers, Paradise Inn, MediaCom City, Centre Point, FDA City and Rehman Heights. Faisalabad is also called as "Manchester of Pakistan" because it has a major impact on the economy of Pakistan. The city also generates 25% revenue for the trade and commerce activity of Pakistan.

Geography and climate

Faisalabad is located in the rolling flat plains of northeast Punjab, between longitude 73°74 East, latitude 30°31.5 North, with an elevation of 184 metres (600 ft) above sea level. The city proper covers an area of approximately 830 square kilometres (320 sq mi), while the district covers 1,280 square kilometres (490 sq mi).
There are no natural boundaries between Faisalabad and adjoining districts. Faisalabad is bounded by Hafizabad and Sheikhupura towards the north and northeast, by Sheikhupura, Okara and Sahiwal towards the east and southeast, and by Jhang and Toba Tek Singh towards the west and southwest. The Chenab River flows about 30 km (19 mi) to the north west while the River Ravi meanders about 40 km (25 mi) south east of the city. The lower Chenab canal is the main source of irrigation water, which meets the requirements of 80% of cultivated land. The soil of Faisalabad comprises alluvial deposits mixed with loess having calcareousb characteristics, making the soil very fertile.
The climate of the district can see extremes, with the maximum temperature in summer reaching 50 °C (122 °F) and a winter temperature of −1 °C (30.2 °F). The mean maximum and minimum temperature in summer are 39 °C (102 °F) and 27 °C (81 °F) respectively. In winter it peaks at around 21 °C (70 °F) and 6 °C (43 °F) respectively. The summer season starts from April and continues till October. May, June and July are the hottest months. The winter season, on the other hand, starts from November and continues till March. December, January and February are the coldest months. The average rainfall is about 2,000 mm (79 in), sufficient to keep the soil very fertile.

Temperatures (1948-2006) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Highest maximum (°C) 19.4 22.4 27.4 34.2 39.7 41.0 37.7 36.5 36.6 33.9 28.2 22.1 31.6
Lowest minimum (°C) 4.8 7.6 12.6 18.3 24.1 27.6 27.9 27.2 24.5 17.7 10.4 6.1 17.4

Faisalabad

Faisalabad was once part of ancient district of Jhang and Sandalbar, a 50 square kilometres (19 sq mi) part mainly consisted of thick forests and wild tribes. The tract from Shahdara to Shorekot, Sangla Hill to Toba Tek Singh, was traditionally called Sandalbar.
In 1880, a colonial officer called Captain Poham Young proposed a new town, with a design based on the Union Jack, with eight roads radiating from a large clock tower in the centre. The eight roads developed into eight separate bazaars. The construction of various artificial canals allowed the surrounding areas to be irrigated. After the founding of the town, there was rapid growth as people were invited with promises of land.
In 1895, the rail link between Wazirabad and Lyallpur was completed. In 1896, Lyallpur was given the status of a tehsil of the Jhang District and its administration were carried on in tents on the old Theh (Mound) of Pucca Mari near Tariqabad. The majestic Clock Tower was constructed out of the funds raised by the Sikh land owners, who collected it at a rate of Rs. 18 per square of land. The fund thus raised was handed over to the Town Committee which undertook to complete the project.
By 1902, the population of the town had exceeded 4,000. A considerable number of houses and shops had been constructed to cater the ordinary needs of the population. In 1903, a decision to have an agricultural college was made. In 1904, the new district of Lyallpur was constituted composed of the tehsils of Lyallpur, Samundri and Toba Tek Singh with a subtehsil at Jaranwala which later became a full tehsil. By 1906, the district headquarters began to function in Lyallpur and all the bazaars and settlements within the bounds of a ring road were nearing completion. The city began to spread outside the circular road. The Town Committee was upgraded to a Municipal Committee in 1909 and the Deputy Commissioner was appointed as the first chairman. In 1916, the grain market saw its shops surging with customers. In the same year the civil hospital was expanded. With the advent of World War II, there was an increase in political awareness across the city. Revolutionary meetings were held, fiery speeches were made, and slogans were written on walls.
In 1943, Mohammed Ali Jinnah came to Lyallpur and addressed a gathering of over 2 million in Dhobi Ghat Grounds. On March 3, 1947, when the creation of Pakistan was approved, the Muslims of Lyallpur held special prayers and distributed sweets and food among the poor.
After independence, the city of Lyallpur enjoyed considerable development, and became a major commercial and industrial centre. The population grew quickly past one million. There was an expansion of the provision of health and education in the city. In 1977, the name of the city was changed to "Faisalabad", in honour of the late King Faisal of Saudi Arabia, who was held in high regard in Pakistan. In 1985, the district was upgraded to a division with the new districts of Faisalabad, Jhang and Toba Tek Singh.

Fisalabad ( Layal Pur )

Faisalabad
فیصل آباد
(Punjabi, Urdu: فیصل آباد) is a city located in the province of Punjab, Pakistan. It was formerl known as Lyallpur. Faisalabad is the third largest city in Pakistan after Karachi and Lahore. Before the foundation of the city in 1880, the area was very thinly populated. The population has risen from 9,171 in 1901 to 179,000 in 1951 and to 2,009,000 in 1998. The larger Faisalabad district had a population of about 5.4 million in 1998.
It is an important industrial centre located in the Punjab province, west of Lahore The city-district of Faisalabad is bound on the north by the districts of Gujranwala and Sheikhupura on the east by Sahiwal, on the south by Toba Tek Singh and on the west by Jhang. Its located 1,135 km (705 mi) from Karachi, 128 km (80 mi) from Lahore, 350 km (220 mi) from Islamabad/Rawalpindi, 187 km (116 mi) from Burewala and 0 km (43 mi) from Jhang
The city is at a road and railway junction, which has played an influential role in the development of Faisalabad's trade and economy. The surrounding countryside, irrigated by the Lower Chenab River, has seen expanded production of cotton, wheat, vegetables, and fruits, which form 25% of Pakistan’s exports. The city is also an industrial centre with major railway repair yards, engineering works, and mills that process sugar, flour, and oil seed. Produce includes super phosphates, cotton and silk textiles, hosiery, dyes, agricultural equipment, and ghee (clarified butter). Faisalabad is also the site of the prestigious University of Agriculture, founded in 1909.
Faisalabad, a city synonymous with success and growing metropolis pulsating with life, is fast evolving into the financial hub of the country. It is the largest industrial city of Pakistan and specializes in export oriented manufactured goods and the textile capital of the country
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