Earth 2050: Predictions for Pakistan
Earth 2050 is a site about the future as seen through the eyes of futurologists, scientists, and Internet users from all corners of the globe.
Visitors can select a year — 2030, 2040, or 2050 — and study the predictions for different cities and countries: what will happen to our planet, what our lives will be like, what jobs we will have, what we will eat, and more. Got anything to add? Vote, comment, and make your own predictions!
Here are predictions about Pakistan
GLOBAL RANKING IN 2050
Economically, in a few decades, Pakistan is set to become the world’s eighteenth largest economy by GDP. In terms of GDP purchasing power parity, Pakistan will be the fifteenth largest.
Today, Pakistan is the fortieth largest economy with a GDP of $270 billion. According to Goldman Sachs, it will have become a $3.5 trillion economy by 2050.
Pakistan will surpass today’s giant economies of Saudi Arabia, Iran, Malaysia, Singapore, Australia and Taiwan. If governed well, Pakistan could easily leave Italy, Canada and Egypt behind in the 2050 rankings.
CPEC (PAKISTAN & CHINA)
The thrust of infrastructure development will pick up game-changing pace when the $46 billion China-Pakistan Economic Corridor projects in energy and rail and road construction start to take shape.
The four-phase, fast-track work on three road routes – Western, Central and Eastern – connecting Kashgar and Gwadar is in progress to get an early harvest by 2018 and complete the fourth phase by 2030.
The CPEC will give us Pakistan’s biggest, 4,800-acre airport at a cost of Rs 22 billion and a world-class port in Gwadar, leased to the Chinese for 43 years.
But remember, CPEC is only a means, not an end. It is a corridor, and how we use it is what matters.
TAPI & IP GAS MEGA PROJECTS
Other megaprojects include the $10 billion, 1,800 km TAPI gas pipeline connecting four countries – Turkmenistan, Afghanistan, Pakistan and India – set to be operational by 2020.
Now that the Western sanctions on Iran have been lifted, the revival of Rs 1 trillion, 2,775 km Iran-Pakistan Gas pipeline (IP Gas) and LNG smart gas projects could back be on the cards, with potential bilateral trade reaching $5 billion annually in five years.