Language(s): Urdu, English, Punjabi, Sindhi
Total Area: 796,095 km²
GDP (in million USD): 164,792
Pakistan borders the Arabian Sea, between India on the east, and Iran and Afghanistan on thewest, and China in the north.
Existing housing stocks do not meet national needs, and demands for housing have far outpaced the ability of the economy to produce more living space. Sufficient housing, in fact, has not traditionally been a high priority of the government, although in 1987 it did establish a National Housing Authority with the goal of developing housing units for the country's burgeoning low-income population. However, such attempts were abandoned in the 1990s for want of adequate resources. In 2001 a National Housing Policy was approved to review the status of nationwide housing and to identify sources of revenue, land availability, incentives to developers and contractors, and the conditions needed to make construction cost-effective.
All economic sectors of Pakistan are open to foreign direct investment.
In 2000, Pakistan liberalized its investment policy. Housing was one of the sectors that were given priority status. National ownership requirements for investments in the housing sector were removed.