@ARNAGI - by chance were you part of WORLDWIDE Motors ( Modern Motors Group) when Mitsubishi Lancer & Galant gave tough time to Honda in Pakistan say like ... 27 years back ?
the problem is not investing in pakistan - the problem is 37 different Federal & Provincial departments chasing for taxes on local production & 9 different civic departments chasing Industrialist to juice out. while Importing is easy under invoicing is 'not crime' , local manufacturer will earn & stay profitable to sustain only by price increment proportional to exchange rate.
a friends' unit is closed since 28 months now, production is not cost effective by running on diesel or a gas generator. 22 x 3 = 66 individuals were slashed out and officially all departments are notified for closure and yet - Sindh Labor Dept, SIndh Social security, Excise, Sindh govt professional tax, EOBI, KESC, SUI GAS, KWSB, have been sending notices and Inspectors for inspection. FBR have served an income tax notice under 3 different clauses.
under such circumstances putting up an industrial unit or expanding a unit is idiotic.