In a report by Wall Street Journal on the frontier markets seeing considerable interest from multinational companies, Pakistan is ahead of the pack in terms of the number of companies newly taking an interest in it (see figure above).
Sentiment towards Pakistan, a 200-million nation, improved by 5.6 percentage points, putting it ahead of Africa’s rising stars Nigeria and Kenya, which each saw sentiment improve by just over four percentage points.
This is a very welcome news for Pakistanis, who find them facing one crisis after another and usually suffer from a very low national morale.
This report confirms Goldman Sachs and World Bank forecasts that Pakistan is going to be one of the top 20 economies in the world by 2025.
See: Wali Zahid on Pakistan of future.
Nigeria, Argentina and Vietnam (see figure below) have emerged as the top three frontier markets that multinational corporations are most interested in investing in, according to the new index of corporate sentiment called The Frontier Markets Sentiment Index.
To see full report by WSJ, click here.
Related: Nigeria surpasses SA as continent’s biggest economy
See also: Everything else we reported on Pakistan and its future (links below)
Pakistan 3rd least safe country in Global Competitiveness Report 2014-15
Pakistan 3rd biggest terrorist risk spot in the world
Pakistan ranks poorly on Global Innovation Index 2014
5 Pakistani banks: ABL, UBL, HBL, MCB, NBP get Stable rating
Guest post by Privatisation Minister Zubair on positive economic outlook
Moody’s revises Pakistan rating from negative to stable
China approves construction of 14 power projects in Pakistan
Pakistan #4 best performing global stock market
Pakistan world’s least expensive country: WB
Pakistan #106 in Good Country Index
Pakistan is world’s 9th least peaceful country: 2014 GPI
Pakistan 10th most fragile country
Pakistan 15th most powerful military in the world
Pakistan, Iran most-negatively viewed countries
Total fertility rate falling in most world; Africa & Pakistan rising
South Asia world’s most corrupt region: TI
Pakistanis to have shorter lives as the world will live longer
Sorry state of medical practice in Pakistan
Pakistani culture through 6-D Model
Native languages in Pakistan
Do not miss our widely-read Messed-Up Pakistan Series with Wali
Wali Zahid on Pakistan of future
How we messed up: A series this Ramadan by Wali
How future oriented are we?
Pakistan’s two value crimes no one talks about