The economy of Pakistan has almost been paralyzed by terrorism, political instability, and corrupt leaders who looted the country while leaving people to live in poverty.
That is why Pakistan direly requires entrepreneurs who can help revive its worsening economy. They will help in containing its ever-increasing brain drain and unemployment.
There are so many areas that can be approached for business opportunities in Pakistan including its agriculture, tourism, sports, education, and recycling.
The native entrepreneurs can capitalize on the following 10 business ideas to help Pakistan rebuild its paralyzed economy.
Agriculture business
Pakistan requires to revitalize its agriculture sector. Of many crops, entrepreneurs can grow for profit in Pakistan include rice, wheat, cotton, mango sugarcane, etc.
The agriculture sector of Pakistan has the potential to yield greater outputs on the condition modern farming technology is integrated and irrigational facilities and infrastructure are developed.
Bringing improvisation in these factors can help regain the lost faith of people in agriculture and thereby their welfare.
Livestock farming
Livestock farming needs to be taken beyond the heredity occupation. Livestock animals including chickens, goats, sheep, and cows have to be raised in farms to keep up with the growing domestic demand for meat and milk.
People with farmlands are at an advantage for launching livestock farming businesses including poultry, dairy, etc in Pakistan. Entrepreneurs can internationalize their livestock products after meeting its domestic demand.
Recycling business
While the streets of Pakistan cities, towns and villages are littered with recyclable materials including paper, rubber, plastic, etc, there is a paucity of entrepreneurs to deal with it.
Recycling of these discarded materials will assure the people of Pakistan a steady source of income and living in a pollution-free environment at the same time.
Tourism business
The tourism sector of Pakistan was a glamourous lure for international tourists because of its so many enchanting places, culture and historical heritage.
However, it became endangered due to the rise of terrorism in the country. While Pakistan has done everything possible to eradicate terrorism, there is still a lot to do to improvise its security so that tourists feel secure while traveling Pakistan for tours and holidays.
The tourism sector can potentially encourage economic growth while keeping unemployment down in Pakistan.
Ecommerce store
You can launch an e-commerce store in Pakistan to cash in the growing opportunity of increasing online shoppers in Pakistan. An e-commerce store will need you technical skills to create a website, upload your product catalogue and use a delivery service to get the products on the doors of people.
Food delivery service
The urban areas of Pakistan like Karachi, Islamabad, etc offers entrepreneurs a great opportunity to launch their food delivery services to cater the need for food in the country. You will make a lot of money by making sure foodies in Pakistan get their favourite food delivered at their doorsteps.
Clothing boutique
The demand for trendy and stylish clothes won’t ever dry up in a country like Pakistan and therefore you may want to open a boutique that sells trendy fashion and clothes to the customers in Pakistan.
Smartphone repair
There is a widespread use of smartphones in Pakistan and as a result there is a huge need for services that fix faulty smartphones. So if you have technical skills, you can offer smartphone repair services in the country.
Open a restaurant
The food industry will always be in great demand as people can’t live without tasty food that goes in their mouth. If you have an investment to support your decision, you may like the idea of launching a restaurant in Pakistan.
Open a fitness centre
People are becoming health conscious and therefore opens a great opportunity to launch a fitness centre wherein people will come for daily exercises and achieve health fitnes while filling your pocket with loads of money.