Karachi serves as the capital of Sindh Province, and its greater metropolitan area has 14.9 million residents. The city enjoys strategic location on the Arabian Sea, and it is home to Port Bin Qasim and Port of Karachi which are among Pakistan's largest ports. The city was established as a fortified village in 1729 called Kolachi, and it gained prominence with the occupation of the British. Karachi's residents belong to different ethnicities, races, and religions making it Pakistan's most diverse and secular city. Karachi's formal economy was valued at $113 billion in 2014, and it generates about 20% of the nation's GDP.
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