Japanese companies doing business in Pakistan have ranked the country second in the world in terms of business growth, according to a survey conducted by the Japan External Trade Organization (JETRO).
JETRO surveyed 9,371 Japanese multinational companies operating around the world and reported that Pakistan is ranked number 2 in terms of current profitability and expected sales growth. Taiwan leads with 81.8% reporting profits, followed by Pakistan with 74.1% being profitable in 2013.
Pakistan also ranks at number 2 with 81.5% forecasting future sales growth, just behind Myanmar where 84.6% see growth in the next one to two years. Other South Asian nations, including Bangladesh, India and Sri Lanka, rank much lower for both profits and sales growth.
JETRO has been conducting such surveys for many years. Pakistan’s da…