Search results
Results from the WOW.Com Content Network
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.
The PIDC board of directors included members of industrial families such as Naseer A. Sheikh of the Colony Group, Adamjee Group, and Syed Amjad Ali of the Wazir Ali Group. [1] Its constitution articulated a primary objective of promoting industry rather than state ownership, with a policy to engage private capital and gradually transition its ...
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 built in the Quaid-e-Azam business park at the land of 200 acres [2]
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.
Rawalpindi also holds many private colonies that have developed themselves rapidly, e.g. Gulraiz Housing Society, Korang Town, Agochs Town, Ghori Town, Pakistan Town, Judicial Town, Bahria Town [86] which is the Asia's largest private colony, Kashmir Housing Society, Danial Town, Al-Haram City, Education City, Gul Afshan Colony, Allama Iqbal ...
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 economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand. The concept was originally created by Julius Herman Boeke to describe the coexistence of modern and traditional economic sectors in a colonial economy.