Pakistan’s corporate sector saw significant expansion in the month of February with the registration of 3,444 new companies, bringing the total number of registered entities in the country to 287,049.
According to data released today by the Securities and Exchange Commission of Pakistan, this notable increase in business activities and corporate registrations is being attributed to policies implemented by the Special Investment Facilitation Council (SIFC).
Of the newly established firms, 82 have foreign backing, with a significant number of investors from China and the United States. The data reveals that international investors have shown particular interest in the minerals, trade, and information technology sectors, reflecting the appeal of Pakistan’s natural resources and its growing digital economy.
Further highlighting this trend, Advisor to the Finance Minister, Khurram Shehzad, stated that in the last 15 months, 19 major global corporations, including prominent names like BYD, Google, and Aramco, have initiated investment proceedings in Pakistan.
Industry experts are citing the continuous increase in company formations as a clear indication of the improving business environment within the country and the growing confidence of investors.
Officials have also commented that the effective facilitation by the SIFC is a key driver in promoting sustainable economic growth and creating new business opportunities throughout Pakistan.