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com/ Multinational Companies in Pakistan and the Countrys Economy

June 20, 2012 // 0
The situation in Pakistan is not quite different from that in most third world countries where MNCs face accusations of promotin a new kind of colonialism! "owe#er, these massi#e corporations do $rin in essential forei n in#estment! These lo$al companies also $oost the econom% and pro#ide emplo%ment on a lar e scale! &nfrastructure de#elopment and transfer of technolo % are also increased $% their actions The MNCs in Pakistan at present are creatin emplo%ment and pla%in their part in the econom%! MNCs are operatin in the countr% in a lar e #ariet% of sectors! Multinational Companies or Multinational Corporations in Pakistan e'ist in the countr% in #arious forms, some ha#e set up franchises, others operate throu h holdin companies and some are full% incorporated in the countr%! (part from infrastructure de#elopment, MNCs in Pakistan pro#ide earnin s rent etc to the o#ernment and local authorities! &t was surprisin l% disco#ered throu h o$ser#ation that their offices are on a#era e in the ran e of )0,000 sq ft in area! Just think of the sort of re#enue the% pro#ide in terms of land ta' etc* +hat e'actl% do the% contri$ute to our nation, -et.s o o#er the list of $enefits/ as alread% mentioned 0o$s, a reater #ariet% of oods and ser#ices, forei n direct in#estment, create and de#elop the infrastructure! The Multinational Companies in Pakistan ha#e contri$uted and will contri$ute to the econom%! 1i ures for 20023 45( $ased companies lead with 6120 mn, followed $% 47 $ased firms 6122 mn! 8ther countries ha#e $rou ht in in#estment "olland, 4(9, 5wit:erland, 5in apore, "on 7on ! China our friend and all% surprisin l% has not e#en $roken the top ;* The MNCs are acti#e in #arious fields< man% 9uropean, 7orean and (ra$ companies such as 8rascom are acti#e in construction, communications and other fields! =er% few know a$out the man% 8rascom companies operatin in the market! Japanese cars are the in thin

when it comes to automo$iles, where would our upper and middle class $e without their -e'us, Mehran, -iana and Corolla imports, Multinational corporations in Pakistan pla% ke% roles in the areas of pharmaceuticals and $ankin ! ( riculture, telecom, &T related fields all owe their rowth and pro ress mainl% to the ora firms! +hat a$out the future, The >?P rowth rate in Pakistan is at le#els that more de#eloped nations such as the 45( and @ritain cannot e#en dream a$out! The nation.s %oun population with o#er ;0A of Pakistanis under the a e of 2; is a #er% lucrati#e market! The countr%.s rowth is attractin ma0or MNCs Bthose alread% in the market ha#e wisel% set their si hts on rural Pakistan to i#e them the $oost the% need! Cecentl% it was reported D+(CCE that 1MC>s such as 4nile#er and Nestle alread% in#ested in Pakistan are hopin the countr% will $e a source of future profits! The sheer si:e of the nation is often taken for ranted $% us who li#e in it! No dou$t if we were luck% enou h to #isit the head offices of these multinationals Pakistan would $e marked and circled as a olden oose! &t remains to $e seen if the MNCs in Pakistan kill it in their attempt to increase their profit mar ins!