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According to the definition by the Office for National Statistics, "Built-up areas are defined as land which is 'irreversibly urban in character', meaning that they are characteristic of a town or city. They include areas of built-up land with a minimum of 20 hectares (200,000 m 2; 49 acres). Any areas [separated by] less than 200 metres [of ...
[7] [8] [9] The diversified economies of Karachi and Punjab's urban centres coexist with less developed areas in other parts of the country particularly in Balochistan. [8] According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10]
It was founded in 1977 by Abdul Razak Dawood as Design Engineering and Construction Services (Descon) with an investment of Rs. 3.2 million. [2] It received its first contract when Attock Refinery asked to set up a small refinery in 1978. [2] In 1981, it received a four-year project of National Refinery which helped the company to expand. [2]
Following is a list of largest companies in Pakistan: Conglomerates. Name Headquarters Assets ... Construction: US$21 million (2016) [12] [13] Nishat Mills: Faisalabad:
The companies subsidiary's include the Mall of Lahore and the under-construction Mall of Islamabad, a chain of cinemas under the brand of Cine Gold, a chain of supermarkets under the banner of Green Valley Hypermarket and skyscrapers including the Bahria Icon Tower, which is the tallest building in Pakistan.
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the 2023 Pakistani Census) [2] and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government. [1] [3] Housing is an important element of real estate in Pakistan.
Pakistan's real estate sector is worth around $1.8 trillion. According to the Pakistan Bureau of Statistics, [5] construction output accounts for 2% of GDP, with housing representing less than half that total. With the rate of urbanization that Pakistan has been experiencing, there is a growing need for urban planning. [6] [5]