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Investment Sectors | Embassy of Pakistan, Republic of Korea
Pakistan is strategically located at the crossroads of Asia, where the road from China to the Mediterranean meets the route from India to Central Asia. For thousands of years, this junction has been a melting pot of diverse cultures, attracting traders and adventurers. Booming China in North-East , land locked energy rich Central Asia in North-West, progressing South Asia in East and capital & energy surplus Middle East in the South-West provides a unique location to Pakistan. Pakistan’s investment policies have created an investor friendly environment backed by a sound regulatory framework and comprehensive tax & tarrif incentive package. Some of the key elements of investment policy include opening of all sectors to investment, equal treatment for local and foreign investors, foreign equity up to 100% allowed, full remittance of capital, profits and dividend allowed, lucrative fiscal incentives for import of capital machinery and equipment. Foreign investment is fully protected by law and Pakistan has investment protection treaties with 47 countries including Korea. Abundant land and natural resources, English speaking work force, large domestic market, well established infrastructure and legal systems backed by liberal investment policy has made Pakistan home to a large number of multinationals. According to World Bank, Pakistan is ranked higher than regional countries like India and Bangladesh. Twenty Korean companies have permanent establishments in Pakistan including names like Lotte, Sambu, Hyundai E&C, LG Electronics, Samsung Electronics, Ssansyong E&C, Daewoo International. Pakistan offers immense opportunities for investment in energy, infrastructure, textiles, mining & quarrying, agriculture, manufacturing, retail, transportation, education, tourism and health sectors.
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