KARACHI – The Securities and Exchange Commission of Pakistan registered 23 companies conducting foreign investment in February. In addition, one foreign company was also registered during the month.
Out of the 23 companies, six were from China, five from the US, two from South Korea and the remaining one each from Turkey, Sweden, Malaysia, the UK, Denmark, Romania, the UAE, Afghanistan, Iran and Canada. Seven companies were registered in Islamabad, three in Lahore, 11 in Karachi and one each in Peshawar and Multan.
The sector-wise breakdown shows that four companies belong to trading sector, three each to services and IT, two each to transport, textile, mining, corporate agricultural farming and one each to power generation, construction, chemicals, pharmaceuticals and printing. In addition, one US company was also registered during the month.
