ISLAMABAD –– The Securities and Exchange Commission of Pakistan registered 20 companies having foreign investment in April.
The companies have investment by foreign nationals from the U.K., China, France, Panama, Australia, Jordan, Japan, Switzerland, the Netherlands, Denmark, Malaysia and Singapore.
Eight of these companies were registered in Karachi, while 6 were registered in Lahore, 5 in Islamabad and 1 in Faisalabad.
The sector-wise breakdown of the companies shows that 4 each deal in trading and textile, followed by 3 companies in the services sector, 2 each in communications and mining and one company each in construction, IT, alternative energy, food and miscellaneous sector.
In addition, three foreign companies were registered in April. Two were registered in Karachi while one was registered in Islamabad. These companies are from Turkey, South Korea and Italy. The sectors of the companies are engineering, food and services.