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7. Conclusion :
Despite several economic challenges Pakistan is currently facing, multinational companies in Pakistan (MNCs) are considering expanding their business in the country bringing investment, technology and advanced practicesbut they want the government to in return formulate consistent policies and plans. Steps need to be executed to ensure that the flow of much needed FDI is maintained. As per a report about the investment climate which quoted the head of the Overseas Investors
Chamber of Commerce and Industry (OICCI). Foreign investors and multinational corporations (MNCs) have indicated five key sectors; corporate farming, agriculture, infrastructure, skill development, minerals and alternative energy. Overseas investors and MNCs are eager to expand their business in Pakistan because they have established themselves and gained experience in the market dynamics as the OICCI chief explained. Many companies are reinvesting their profits and are helping to modernize the country. They create jobs and help develop communication systems in fact they even modernize whole communities. However Foreign Direct Investment (FDI) will only increase if the government works on improving the image of the nation. Great changes in political stability, governance, law and order and provision of utilities are first needed.
The OICCI president placed emphasis on the need to improve the overall business climate in the country. One of the reasons for the increased interest in Pakistan is due to the fact that the developed economies are saturated and the Asian tigers have been subdued by the recession. Nations in South Asia especially India present a haven for investors. Pakistan is also looked at favorably on the basis of its huge population which is predominantly young. The government is required to take the lead, if it doesnt act aggressively than investors can easily settle on options further east such as India, China and even Bangladesh. Major issues like the law and order situation, the energy crisis and corruption will need to be dealt with before the investors can translate the nations potential into returns. If steps are taken then the result will be mutual benefit for all concerned especially Pakistani consumers. Through a practical examination it is easily established that the presence of the Multinational Companies in Pakistan serves a purpose. Issues may exist but the fact of the matter is that as the local companies and government cannot meet the demand for better quality services and goods; it makes sense to permit these global giants to expand their operations albeit under proper regulation. In the future Pakistani firms may develop the expertise required to drive the nation towards greater self sufficiency, till that day, if and when it comes the multinational corporations are the countries best bet for progress and growth.