Karachi is the capital city of the Pakistani province of Sindh. It is the largest city in Pakistan and the 12th largest in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast and formerly served as the capital of Pakistan. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion (PPP) as of 2021. Karachi is a metropolitan city and is considered Pakistan's most cosmopolitan city, and among the country's most linguistically, ethnically-, and religiously-diverse regions, as well as one of the country's most progressive and socially liberal cities.
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 to the International Monetary Fund (IMF).
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 9700 acres (19 km2) of land. It contains approximately 2,400 factories.
Korangi is one of the neighbourhoods of Korangi District, Landhi Town in Karachi, Sindh, Pakistan. Korangi District has three administrative towns.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
Landhi is a residential neighbourhood and an industrial municipality in the eastern part of Karachi, Pakistan. It is bordered by the Faisal Cantonment and Shah Faisal Colony to the north across the Malir River, Bin Qasim Port to the south and east, and Korangi to the west.
The Port Muhammad Bin Qasim, or Qasim Port Authority, also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administrative control of the Secretary to the Government of Pakistan for Maritime Affairs. It is Pakistan's second busiest port, handling about 35% of the nation's cargo. Port Qasim and Karachi Port, the busiest port of the country, together handle almost 90% of all external trade of Pakistan. The remaining maritime trade is routed through Gwadar Port.
Bin Qasim is one of the six administrative subdivision of Malir District in Karachi, Pakistan, lying on the eastern part of the city, north of Port Qasim. It's headed by an Assistant Commissioner.
Karachi Division is an administrative division of the Sindh Province of Pakistan. There are seven districts of Karachi Division. CNIC code of Karachi Division is 42.
Karachi Circular Railway is a partially active regional public transit system in Karachi, Sindh, Pakistan, which serves the Karachi metropolitan area. KCR was fully operational between 1964 and 1994, until it was abruptly shutdown in 1999. Since 2001, several restart attempts were sought and in November 2020, the KCR partially revived operations on the orders of Supreme Court of Pakistan.
The city of Karachi is a major transport hub of Pakistan. The Karachi port and airport are major gateways to Pakistan. The Karachi Railway stations transports the major part of Pakistan's trade with other countries.
Lucky Cement Limited, also known as Yunus Brothers Group, or Lucky Group, is a Pakistani conglomerate company headquartered in Karachi, Sindh. Named after the place, Lakki Marwat, where the first plant was commissioned in 1993, Lucky has become one of the largest cement producers in Pakistan. It has 15.3 million tonnes per annum of manufacturing capacity. The company is listed on the Pakistan Stock Exchange.
Fauji Fertilizer Company Limited (FFC) is a Pakistani conglomerate company based in Rawalpindi. It is a subsidiary of the Fauji Foundation.
Korangi Zoo established in 1990, is a zoological garden located at Korangi, Landhi Town, Karachi District, Sindh, Pakistan. It is spread over an area of approximately 4 acres (16,000 m2) and contains a fewer variety of animals compared to Karachi Zoo. The zoo operates under the City District Government Karachi and is a member of SAZARC.
North Karachi Industrial Area is located in Karachi, Sindh, Pakistan. NKATI stands for North Karachi Association of Trade and Industry which is a registered Trade Body representing more than 2000 commercial, industrial and service units located in North Karachi Industrial Area (NKIA).
The Bin Qasim Industrial Zone is one of the largest industrial areas in Karachi, Sindh, Pakistan. It consists of more than 25,000 acres of land in the Port Qasim town area. Contained within this zone are many industrial units, ranging from medium to large in employment volume. Currently, there are 180 Large and Medium Size units operating in the area.
China–Pakistan Economic Corridor is a 3,000 km Chinese infrastructure network project currently under construction in Pakistan. This sea-and-land-based corridor aims to secure and shorten the route for China’s energy imports from the Middle East, avoiding the existing path through the Straits of Malacca between Malaysia and Indonesia, which could be blockaded in case of war, thereby threatening China’s energy-dependent economy. Developing a deep-water port at Gwadar in the Arabian Sea and establishing a robust road and rail network from this port to the Xinjiang region in western China would serve as a shortcut, enhancing trade between Europe and China. In Pakistan, the project aims to address electricity shortages, develop infrastructure, and modernize transportation networks, while also transitioning the economy from an agriculture-based structure to an industrial one.
Karachi has many environmental issues, severely affecting its biophysical environment as well as human health. The industrialization as well as lax environmental oversight have contributed to the problems. The various forms of pollution have increased as Karachi which has caused widespread environmental and health problems. Air pollution, lack of proper waste management infrastructure and degradation of water bodies are the major environmental issues in Karachi.
Industry in Karachi are the various industries that are located in Karachi, Pakistan. 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.
The industrial parks in Karachi have been built in Karachi, Sindh, Pakistan. The industrial parks manufacture consumer and industrial goods, creating jobs for the local population.
