With the rapid growth in Pakistan's economy, foreign investors are taking a keen interest in the corporate sector of Pakistan. In recent years, majority stakes in many corporations have been acquired by multinational groups.
- PICIC by Singapore based Temasek Holdings for $339 million
- Union Bank by Standard Chartered Bank for $487 million
- Prime Commercial Bank by ABN Amro for $228 million
- PakTel by China Mobile for $460 million
- PTCL by Etisalat for $1.8 billion
- Additional 57.6% shares of Lakson Tobacco Company acquired by Philip Morris International for $382 million
The foreign exchange receipts from these sales are also helping cover the current account deficit
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