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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]
Pakistan Steel Mills is the current largest industrial corporation undertaking having a production capacity of 1.1—5.0 million tonnes [2] of steel and iron foundries. Built with the contributions of the Soviet Union in the 1970s, it is the largest industrial mega corporation complex, [3] vastly expanded in an enormous dimensions construction inputs, involving the use of 1.29Mn cubic meters ...
The Pakistan Textile City, situated in Karachi, Sindh, is an industrial zone dedicated to textile processing and related industries. Established in 2009, it spans 1,250 acres, [ 1 ] and is strategically located within the North Western Industrial Zone of Port Qasim , just 6 km from the N-5 National Highway .
As the population of Karachi increased, the land of the mill became part of the city and its real estate value increased. [6] Due to this reason, on October 8, 2008, Fazal Textile Mills decided to relocate its production facility to Nooriabad , near the Super Highway, and construct a mega mall and luxurious residential towers on the existing ...
As per World Trade Organization's statistics, the wooden furniture exports of Pakistan reportedly amounted to almost $51 million in the calendar year (CY) 2011. [2] Whereas, in 2009-2010 the furniture exports of Pakistan ranged between $25 million to $30 million (excluding undocumented exports of an approximate amount of $10 million).
This is a list of shopping malls in Pakistan. This list contains some of the most notable shopping malls in the country, each with its own unique offerings and qualities. [ 1 ]
Karachi is ranked as a Beta world city in the GaWC index, [1] and is widely recognized as the prime financial and transport hub of Pakistan. The city is home to range of developments from foreign investors and local investors such as Malik Riaz , [ 2 ] however due to high corruption in the country, many projects have been delayed or completed ...
The Karachi Metropolitan Corporation was abolished in 2000 and five district municipal corporations were merged into City District Karachi. The City District Karachi was divided into 18 town and 178 union councils.