ISLAMABAD: As many as 448 new companies were registered during October 2015, reflecting 27 per cent growth as compared to the same month of previous year.
The Securities and Exchange Commission of Pakistan (SECP) registered around 92 percent companies as private limited companies, while around five percent companies were registered as single member companies.
Three percent of the companies were registered as public unlisted, associations’ not-for-profit and foreign companies.
The services sector took lead with the incorporation of 54 companies, followed by trading with 53, construction with 41, tourism with 33, information technology with 27, broadcasting and telecasting with 21, education with 20, pharmaceutical with 15, power generation, food and beverages, transport and communications with 13 each, corporate agricultural farming and engineering with 12 each, textile and real estate development with 11 each, fuel and energy with 10 and 76 companies registered in other sectors.
Moreover, 6 foreign companies were also registered by the CROs in Islamabad and Karachi. Foreign investment has been reported in 20 new companies.
These companies have foreign investors from Belgium, Canada, Cayman Island, China, Denmark, Germany, Lebanon, Mexico, Turkey and the USA. The field of investment related to construction, education, fuel and energy, mining and quarrying, power generation, services and trading sectors.
