Foreign investment: SECP registered 23 companies last month

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) registered 23 companies with foreign investment in December 2010, according to an SECP press release.

Additionally, three foreign-based companies were also registered. According to details, five of the 23 companies had investment from Singaporean nationals and four had money injected by Chinese nationals. Eleven companies were registered in Karachi, while Islamabad and Lahore registered six and four companies, respectively.

The transport sector was the most prominent, with seven incorporations, followed by the trading sector, which had three.

Published in The Express Tribune, January 20^th, 2011.