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The business park had initially been named the Quaid-e-azam Apparel Park; the name was changed in November 2019. [3]In 2020, the Chief Minister of the Punjab, Sardar Usman Ahmad Khan Buzdar said that the Quaid-e-Azam Business Park in Sheikhupura will go a long way in boosting industrialization in Pakistan and it would create approximately half million jobs while a labour colony will also be ...
Pakistan, which had almost no large industrial units at the time of partition in 1947, now has a fairly broad industrial base, and manufacturing accounts for about 17 percent of GDP. Cotton textile production is the single most important industry, accounting for about 19 percent of large-scale industrial employment.
Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year. [1] [2]
The Sindh Industrial & Trading Estate was established in 1947 and has grown into the largest industrial area in Pakistan with more than 2,000 industrial units on 4,500 acres (18 km 2) of land west of the Lyari River. The estate benefits from the proximity of the Port of Karachi and various roads linking to the rest of Pakistan. The town grew up ...
Gujranwala is the Pakistan's third largest centre of industrial production, after Karachi and Faisalabad. Gujranwala, along with the nearby industrial cities of Sialkot and Gujrat City, form what is sometimes referred to as the Golden Triangle in reference to their relative prosperity and export-oriented industrial base. [7]
It is also a non-profit organization of Pakistan. [3] There are a total of 10 industrial estates, each one of them called SITE, located in Karachi, Sindh and in other major cities of the province. Sindh Industrial and Trading Estate zone is providing employment to more than 1/2 million people.
An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more "heavyweight" version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are usually ...
Pakistan’s transportation infrastructure has suffered from government neglect. Infrastructure is a backbone of the economy and a well developed infrastructure is not only important to attract foreign investment, it also needed to maintain high growth rate but weak infrastructure has been one of the major factors restricting Pakistan’s ...