The Securities and Exchange Commission of Pakistan (SECP) has achieved a milestone by registering 3,442 companies in just one month, which is up by 39 per cent from the previous month, reported 24NewsHD TV channel on Sunday.
This achievement by the SECP has also led to an increase in investment.
The commission, in order to promote a business-friendly environment and ease of doing business, has registered firms in various sectors.
A majority of firms, totaling 652, have been registered in the commerce and IT sectors, while 463 have been registered in the trade and 411 in the services sector.
Similarly, 311 companies have been registered in the real estate and construction sector, 242 in the tourism and transport sector, 158 in food and drinks sector, while 233 in the pharmaceutical sector.
Likewise, 81 companies have been registered in the fuel and energy sector, 124 in the education sector, 119 in the mining, 86 in the advertising and marketing sector, 79 in the textile sector, and 73 in the agriculture sector.
Other sectors are auto, power generation, sports and tobacco.
Reporter: Kaleem Akhtar