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Name Headquarters Assets (2021) Industry Net income (2021) Habib Bank Limited: Karachi: US$26.3 billion: Banking: US$217 million: Pakistan State Oil: Karachi
It confirmed Karachi’s status as Pakistan’s largest economy, well ahead of the next two biggest cities Lahore and Faisalabad, which had a reported GDP (PPP) in 2008 of $40 billion and $20.5 billion, respectively. [14] Karachi's high GDP is based on its large industrial base, with a high dependency also on the financial services sector.
The Quota system in Pakistan was established to give every region of the country representation in institutions according to their population. [1] The Quota System was first introduced in Pakistan in 1948 [2] [3] [4] The Civil Service of Pakistan selects only 7.5% of the applicants by merit, education, qualification and experience.
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.
Karachi Shipyard and Engineering Works Limited is the oldest Heavy Engineering Works of Pakistan which is catering for its Ship Building, Ship Repairing, Submarine/Warship Construction and Heavy/General Engineering requirements. KSEW was established in early 1950s as a project of PIDC. It was incorporated as a public limited company in 1957.
The Karachi Nuclear Power Plant (or KANUPP) is a large commercial nuclear power plant located at the Paradise Point in Karachi, Sindh, Pakistan. [5] Officially known as Karachi Nuclear Power Complex, [5] the power generation site is composed of three commercial nuclear power plants. [6] The K-1 commenced its criticality operations in 1971 ...
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