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Quantum jump in engineering sector performance.

Publication: Economic Review
Publication Date: 01-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Pakistan--the land of numerous unexplored opportunities has recently earned a good reputation in the international market for being a vibrant and progressive developing country in the world. The Government has adopted a very liberal investment policy to attract maximum foreign investment, can...

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...where foreign investors hold up to 100% equity in several economic sectors of the country. Due to this policy, the direct investment in the country has increased substantially over the past few years, thus differentiating Pakistan from many 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 reserves, and improved balance of payments.

There are about 2000 registered engineering manufacturing units with large number in the unorganized sector involving capital investment of over US $1.6 billion....

NOTE: All illustrations and photos have been removed from this article.



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