Why Invest In Pakistan: Government is now following a transparent policy and is doing all deals in an open way right from advertisement of opportunities till closure of deals. Key Reasons To Invest In Pakistan Strategically Located
Located in the heart of Asia, Pakistan is the gateway to the energy rich Central Asian States, the financially liquid Gulf States and the economically advanced Far Eastern tigers. This strategic advantage alone makes Pakistan a marketplace teeming with possibilities.
Suitable Workforce
Here the people are mostly English proficient, hardworking and intelligent. They have ... lesser costs.
Economic Outlook
Pakistan is one of the fastest growing economies of the world having touched a GDP growth rate of 8.4% in 2005. Today Pakistan has 160 million consumers with an ever growing middle class. Foreign investment has risen sharply from an average of $400 million in the 1990s to over $ 3.5 billion in 2005-06. Fiscal deficit has declined from an average 7% of GDP in the 1990s to around 3% in recent years. And FOREX reserves have increased from $3.22 billion in 2000-1 to $13.14 billion in 2005-6.
Policies
Current investment policies have been tailor made to suit investor needs. Pakistan’s policy trends have been consistent, with liberalization, de-regulation, Privatization, and facilitation being its foremost cornerstones.
Reason - 5: Financial Markets
The capital markets are being modernized, and reforms have resulted in development of infrastructure in the stock exchanges of the country. The Securities and Exchange Commission has improved the regulatory environment of the stock exchanges, corporate bond market and the leasing sector. Whilst the Central Board of Revenue has facilitated structural reform in tax and tariffs and the State Bank of Pakistan has invigorated the banking sector into high returns on investment.
Pakistan provides relatively strong protection for foreign investors; it ranks 19th worldwide on protecting investors, according to World Bank report Doing Business In South Asia 2007. Total foreign investment for the financial year 2006-2007 i.e., from 1st July 2006 to 30th June 2007 is $ 8.4 billion, 88% more than the amount ($ 4.5 billion) during the same period last year. This clearly shows that foreign investors are attracted towards Pakistani markets. Many companies and groups like Abu Dhabi Group, NAMA Investment, Orascom have done mega investments in Pakistan in last year.
Having evaluated the country risks and the business environment there are many companies who are moving towards venture capitalism and are offering acquisition proposals to traditional business houses in Pakistan. There are excellent opportunities to partner with local financial name if you have technical expertise and feel that Pakistan due to its cheap labor and excellent investment policies is right for you.
The companies here have a structured approach towards investment. There are certain sectors that have been identified as golden sectors. These are Power generation, Cement Manufacturing, Steel Mills, Naphtha Crackers, Fertlizer Factories and Coal Mining.
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