Pakistan - the land of numerous unexplored opportunities
has recently earned a good name in the international market
for being a vibrant and progressive developing country in
the world. The Government of Pakistan has adopted a liberal
investment policy to attract maximum foreign investment,
where foreign investors can hold up to 100% equity in
several economic sectors. As a result, the foreign direct
investment in the Country has increased substantially over
the past few years, thus differentiating Pakistan from many
other countries of the region. Also, the vital indicators of
Pakistan's economy have shown extra-ordinary improvement
such as enhanced GDP and GNP, increased foreign exchange
reserves, skyrocketing stock market performance, stable
Pakistani currency and improved balance of payments. Per
capita income has crossed US$ 925 in 2007.
Pakistan's economy is gaining more
strength with each passing year, underpinned by a buoyant
private sector. The real GDP of Pakistan is maintaining a
steady growth at one of the fastest rates in the history of
the Country and among the highest in the economies of the
world. The international trade is increasing owing to
revolutionary changes in tariff structures, better
international relations and growing domestic demands, both
at the industrial as well as consumer levels. The foreign
exchange reserves are maintained at a respectable level.
Major investments are underway in housing & infrastructure,
Engineering & Automobile sector, ports and communication,
telecommunication, information technology, developing newer
sources of energy and power generation to meet the
increasing demands.
The current pace of development in Pakistan is no miracle
but is the result of a dedicated and continuous effort by
the Government of Pakistan through implementing policies for
deregulation, liberalization and privatization.