Engineering sector’s experts believe that with the government’s support, Pakistan will become the new hub of economic activity within the next five years. Engineering sector of Pakistan is the biggest stakeholder in this development. Planning in the right direction can bring prosperity.
To facilitate foreign investments Pakistan has established Special Economic zones all across the country where companies are offered special tax relaxations. Gawadar when completed can prove to be the game changer. Just this year more than 16 automobile companies announced establishment of manufacturing plants in Pakistan. In addition to that Aramco the biggest company in the world by revenue has announced to set up a huge oil refinery at Gwadar Pakistan. These developments are testimony to Pakistan’s emerging investment potential. World’s biggest oil and gas company ExxonMobil has also reinitiated its business activities in Pakistan.