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American Business Council members plan Investment in Pakistan
Pakistan Times Business & Commerce Desk


ISLAMABAD: Most of the members of American Business Council of Pakistan have indicated planning investments in Pakistan, recognizing improvement in business climate, domestic economy and overall prospects, according to the Council's Annual Report 2002-03.

According to the latest informal business survey conducted among members of the American Business Council of Pakistan, 59 percent of its responding members indicated planning investments in Pakistan, 85 percent indicated improvement in Pakistan's overall prospects and 73 percent indicated improvement in domestic economy as against 40 percent in the previous survey.

Further, 83 percent of the respondents reported increase in their gross revenues in rupees while 78 percent in US $ terms. 75 percent of the respondents indicated increase in their pre-tax profits and 68 percent mentioned that the government was positively impacting business.

70 percent of the respondents indicated more consistent policies while 63 percent observed some improvement in implementation of policies by the government. 95 percent of the respondents indicated that the ABC's suggestions were partly incorporated by the government during the past year.

On the basis of their dealings, most of the members indicated that the working of the government departments had generally improved.

   
 
 
 
 

 

 

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