11-11-2004

Starting a business in Pakistan now takes just 22 days

via jang.com.pk

The conducive business environment has played a vital role in attracting foreign investment in Pakistan where a foreign investor could start business in 22 days compared with India’s 65 days, government officials said on Wednesday.

“Starting a business in Pakistan requires only 22 days (the lowest in the sample), with India at the bottom with 65 days,” the official said.

Worldwide FDI inflows declined sharply by 17.5 per cent from US$678.8 billion to US$ 559.6 billion in 2003, 32 …