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The Pakistan Machine Tool Factory (PMTF) is a Pakistani manufacturer of power and machine tools based in Karachi, Sindh, Pakistan. It was established in Karachi in 1968, the facility was built for the local manufacture of machine tools under technical cooperation and technology transfer agreements with Oerlikon-Bührle of Switzerland. [1]
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
The national site has its genesis and long efforts led by the University of Karachi dedicated for educating and researching on natural product chemistry when the University of Karachi's Department of Chemistry established the "Postgraduate Institute of Chemistry" in 1967.: 25 [1] Upon retiring from his public services as chairman of the Council of Scientific and Industrial Research, Dr ...
National Refinery Limited (NRL) is a Pakistani oil refinery which is a subsidiary of UK-domiciled Attock Oil Company. [2] It is based in Korangi Creek, Karachi. [3] [4]It is a petroleum refinery and petrochemical complex engaged in the manufacture and sale of asphalts, BTX, fuel products and lubes for domestic consumption and export.
Every district of Pakistan is administratively divided into several tehsils. Each tehsil is governed by a Tehsil Municipal Administration (TMA), which is focussed around a tehsil/taluka council. The head of each tehsil is a Tehsil/Taluka Nazim, assisted by a tehsil/taluka municipal officer (TMO) and a number of other officials, all of whom are ...
SITE Town (Urdu: سائٹ ٹاؤن), located in the southern part of Karachi, Pakistan, is named after the Sindh Industrial & Trading Estate. It was established in 2001 under the Local Government Ordinance and subdivided into nine union councils. In 2011, the town system was abolished, and SITE Town became part of Karachi West District.
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.