SECP registers 23 companies having foreign investment in February

The Securities and Exchange Commission of Pakistan (SECP) registered 23 companies having foreign investment in February. In addition, one foreign company was also registered during the month. Out of the 23 companies, 6 have investment by foreign nationals from China, 5 from the US, 2 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, 3 in Lahore, 11 in Karachi, one each in Peshawar and Multan. The sector-wise breakdown shows that 4 companies belong to trading sector, 3 each to services and I.T, 2 each to transport, textile, mining, corporate agricultural farming and 1 each to power generation, construction, chemicals, pharmaceuticals and printing.-PR