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www.kgtl.com.pk. Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML) operates a bulk and general cargo terminal on the East Wharf of Pakistan's Karachi Port. [1][2][3] Karachi Port is Pakistan's most important port of international trade. Over 90% of imports and exports of Pakistan take place through Karachi Port.
Imperial Airways was one of the first airlines to fly to Karachi in December 1926 when Pakistan was a part of British India. [ 2 ] J. R. D. Tata made the maiden voyage from Juhu Aerodrome in Bombay (now Mumbai ) to Drigh Road airstrip (now Jinnah International Airport), Karachi , via Ahmedabad , on 15 October 1932, carrying mail in a Puss Moth ...
Pakistan and the United States established relations on 15 August 1947, a day after the independence of Pakistan, when the United States became one of the first nations to recognize the country. The relationship between the two nations has been described as a "roller coaster" characterized by close coordination and lows marked by deep bilateral ...
September 11, 2024 at 1:02 AM. By Ariba Shahid. KARACHI (Reuters) - Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the ...
Founded on 18 September 1947, Karachi Stock Exchange Limited (KSE) was registered in Pakistan. It was located at the Stock Exchange Building (SEB) on Stock Exchange Road, in the heart of Karachi 's business district off I. I. Chundrigar Road (then known as McLeod Rd). [10] Since its establishment, the number of members at the KSE had been ...
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]
In November 2016, China announced an additional $8.5 billion investment in Pakistan, with $4.5 billion allocated to upgrading Pakistan's main railway line from Karachi to Peshawar, including improvements to tracks, speed, and signaling, and $4 billion directed towards an LNG terminal and transmission lines to alleviate energy shortages. [73]
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [37] [38] Karachi collects 35% of Pakistan's tax revenue, [39] and generates approximately 25% of Pakistan's entire GDP.
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