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 extraordinary
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 world is witnessing the real GDP of Pakistan 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 Engineering & Automobile manufacturing
sector, ports and communication infrastructure, telecommunication, information technologies, 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.