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Karachi South District is the economic backbone of the country. It has the Head Offices of many Corporations, Companies and Banks. The Chief Secretary House, Governor House, Chief Minister House, Commissioner House, Commissioner Office, Sindh Assembly, High Court, Embassies and Consulates of different countries and other government offices are also located there.
[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 ]
[1] [2] [3] Lyari Town was the smallest borough (called "town" in Karachi) by area, but also the most densely populated. [4] Lyari Town was formed in 2001 as part of the Local Government Ordinance 2001, and was subdivided into 11 union councils .
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]
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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 ...
SITE Town was located western part of Karachi, Pakistan and was named after the Sindh Industrial and Trading Estate (SITE) area. [1] The town was bordered by Gadap Town to the north, Liaquatabad Town and North Nazimabad Town to the east across the Orangi Nala stream, Lyari Town and Saddar Town to the south across the Lyari River and Kiamari Town to the west.
This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.