Quantum jump in engineering sector performance.
Publication Date: 01-NOV-06
Publication Title: Economic Review
Format: Online
Author: Alam, S.M.

Read this article now
Try Goliath Business News - FREE!

You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News
Free for 7 Days!

Tell Me More   Terms and Conditions

Purchase this article for $4.95

Description

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, where foreign investors can 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....



More articles from Economic Review
Why invest in mutual funds., November 01, 2006
Sui Northern Gas Pipelines Limited.(COMPANY PROFILE), November 01, 2006
Siemens Pakistan Engineering Company Limited.(COMPANY PROFILE)(Telepho..., November 01, 2006
International Industries Limited.(COMPANY PROFILE), November 01, 2006
GlaxoSmithKline Pakistan Ltd.(COMPANY PROFILE), November 01, 2006

Looking for additional articles?
Click here to search our database of over 3 million articles.