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SECP Data Shows Net Foreign Entries and Rs40.7 Billion Inflows, Rebuts ‘Mass Exit’ Claims

The regulator reports only 19 foreign firm cessations since 2022 as 1,157 remain registered.

Overview

  • SECP says 79 new foreign companies began operations in 2023–2025, versus 19 exits, after recent reports overstated departures using a cumulative figure dated back to 1977.
  • Yearly trends show continued net entries: 31 in and 6 out in 2023, 21 in and 9 out in 2024, and 27 in and 4 out in 2025.
  • Foreign investment was recorded in 82 local companies in the past month, with capital originating from China, the US, the UK, Germany, Australia, Turkey, South Korea and Spain.
  • Equity injections totaled Rs40.7 billion across transactions shaped by global portfolio restructuring, including Wafi Energy’s purchase of Shell Pakistan, Aramco’s 40% stake in GO Petroleum, DP World’s JV with NLC, PTCL’s acquisition of Telenor Pakistan, and asset transfers by Pfizer and Sanofi.
  • CPEC Phase II underpins a pipeline of 24 B2B deals worth over $1.5 billion and MoUs exceeding $7 billion, while analysts note sustained inflows will hinge on predictable regulation, taxation and energy costs.