Tuesday 2 December 2014

LORD NEIL BENJAMIN GIBSON’S OBSERVATION OF PAKISTAN’S ECONOMY

It’s of little surprise that many savvy investors and financial analysts are paying close attention to where Pakistan goes next in the world market. Despite a series of, what seemed to be endlessly, local environmental, communal and political turmoil, the county, regardless of population growth rate, has shown steady improvement.

This kind of upward economic consistency is what major super power, first world developed countries stay up late at night worrying and praying for. However, Pakistan seems to have accomplished such a feat, even in the midst of problematic decades the nation has had to face.

The World Bank in April earlier this year, 2014, commented the following.

“Inflation is steady at 7.9%. The fiscal deficit is contained at around six percent of GDP due to improved tax collection and restricted current and development expenditure. The current account deficit remains modest, at around one percent of GDP, supported by strong remittances and export dynamism, and the external position is slowly improving since monetary and exchange rate policies switched gear towards rebuilding reserves last November.

Economic activity is gradually improving says the report. Preliminary data for Fiscal Year 2014 (July 2013-June 2014) shows economic growth is picking up, driven mainly by services and manufacturing. Acceleration in growth of large-scale manufacturing came from strong performance of agro-based industries, iron and steel, construction, and external demand-driven cotton yarn- and fabrics-based textiles.”

To read the article from the World Bank in full.

Lord Neil Benjamin Gibson has been among the few that has identified the opportunities in Pakistan, and has been set in helping to further Pakistan. Among Lord Neil Gibson’s projects, the ISBU Housing Project remains one of the most important.

Lord Neil B. Gibson commented, “With the last few years natural disaster and political unrest tragedies, many people have become homeless and in dire need of housing. Pakistanis are hard working and intelligent people, but when they are struggling for shelter, not only for themselves but their families, productivity naturally is effected. Survival instincts kick in. It’s only natural that everything else becomes secondary. Give them housing, the basics to live, and watch how these people will contribute to their country and then the world.”

Lord Gibson and SFBBL AG through the SEED Foundation have been developing and preparing a Pakistan-specific housing project using discarded ISBU structures (storage container units) as an immediate, highly cost effective means to solve the overwhelming residential housing issues plaguing the nation.

“Shipping container homes are incredible durable and extraordinarily cost efficient by comparison to other, arguably traditional style housing. The time to build is dramatically less that other types of housing, and with architects and interior design technology what it has become today, shipping container homes are on par if not surpass the design of the home models,” concluded Neil Gibson.


“We are living in a time where thought and technology no longer lag behind one another, and the means to orchestrate change can be communicated in seconds.”

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