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Pakistan’s energy sector is booming, bucking the wider downturn in investment that has resulted from security concerns. Oil, gas, electricity, coal, wind, solar, biomass and hydropower are all growing, often with the aid of international investment. M&A activity has also been significant as companies have sought efficiencies and to consolidate their market positions. Technology, telecoms and IP have also been areas of growth. No privatisation took place in 2012 as the government remained under scrutiny regarding the transparency of its handling of national assets.
Large firms such as Haidermota & Co, Mandviwalla & Zafar, Orr, Dignam & Co, and RIAA Law (formerly known as Rizvi, Isa, Afridi & Angell) have been able to adapt to changing patterns of work and clients’ needs, and continue to grow in scale.