PAKISTAN PAINT SECTOR IS ROBUST, DESPITE POLITICAL INSTABILITY
February 1st, 2012
BY RAHIMULLAH YUSUFZAI, IN PESHAWAR
WHILE Pakistan may suffer from political instability, its paint industry has been registering an average 6%-8% annual growth rate over the past decade due to the country's expanding automotive and construction sectors. That these key customers are doing well is fortunate, given the fact that the country's GDP growth in 2010-1 was 2.4% and has been forecast to grow at 3.5%-4.5% only in 2011-12.
Industry sources told the Asia Pacific Coatings Journal that with more social peace in Pakistan, the paint and coating sector could ...
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