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The commerce and industry in Karachi represents major economic activities in Pakistan. Pakistan ranks 40 among the countries of the world in nominal GDP, and number 55 in the world in factory output. Pakistan's industrial sector accounts for about 24% of GDP. Industry is the production of goods or services within an economy. [1]
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]
Group name Headquarters Publicly listed companies Reference(s) Adamjee Group: Karachi – Atlas Group: Lahore: Atlas Honda, Honda Atlas, Atlas Battery, Atlas Insurance [1] AKD Group: Karachi: AKD Hospitality, AKD Securities: Arif Habib Group: Karachi: Arif Habib Limited, Aisha Steel Mills, Fatima Fertilizer, Javedan, Power Cement, Safe Mix ...
[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 ]
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 located on the edges of, or outside of, the main residential area of a city, and are normally provided with good transportation access, including ...
Sindh Industrial Trading Estate (SITE) is located in Karachi, Sindh, Pakistan. Designated as an industrial area in 1963, S.I.T.E is the oldest and the largest designated industrial area of Pakistan, encompassing 9,700 acres (19 km 2 ) of land.
BQATI or Bin Qasim Association of Trade and Industry, BQATI (formerly Port Qasim Association of Trade & Industry, PQATI) is a representative body of industries located in Bin Qasim industrial Zones. The Association was initially established with clear objectives to promote industrial activities in the area and to contribute positively to the ...
S.I.T.E established by virtue of policy decision through Sindh Government No.24-I.B/47.1, dated June 2, 1947. SITE is the Government department under Ministry of Commerce and Industry, Government of Sindh in Pakistan.