ISLAMABAD - Registration of new companies has shown a healthy increase of 34 percent in January last as compared to the preceding months despite prevalent law and order and political uncertainties. According to Securities and Exchange Commission of Pakistan (SECP), its registrar offices across the country have registered 254 companies during the month of January 2010. The figure is much higher than the 189 and 237 companies registered during November and December 2009, showing an increase of 34 percent and 7 percent respectively. The total corporate portfolio as on January 31, 2010 comprises of 54,657 registered companies. Total 254 companies incorporated during January 2010, comprise of 5 public unlisted companies, 234 private companies, 12 single member companies and 3 associations not-for-profit under section 42 of the Companies Ordinance, 1984. Total authorised capital and paid up capital of companies, incorporated during January 2010 amounted to Rs 1,334.10 million and Rs 393.90 million respectively. During January 2010, number of new incorporation was highest at Lahore, whereby 100 companies have been registered, followed by Islamabad registering 69 companies, Karachi with 67 companies. Peshawar and Multan registered 6 companies each. Faisalabad and Quetta registered 4 and 2 companies respectively. Major share of new incorporation was witnessed in the trading sector comprising of 42 companies, followed by 33 in services, 16 in construction, 14 in information technology, 13 in Hajj and Umrah services, 12 in communications, 11 in textile sector, 10 each in broadcasting and telecasting, and power generation sector. During the month, the Commission granted licences to 2 associations not for profit under Section 42 of the Ordinance of which one is for environment protection, and other related to research on policy issues. Of these 254 companies registered during January 2010, 22 companies have foreign investment. Foreign investors in these companies belong to diversified countries around the globe including Australia, USA, UK, Sweden, UAE, Bahrain, Saudi Arabia, Turkey, Sri Lanka, Iran, China, and Afghanistan. Foreign investment has been made in 4 companies in trading sector, 2 companies each in construction, information technology and services sector, and one company each in fuel and energy, telecasting, mining, food, agriculture, chemical, education, engineering, power generation, leather, pharmaceuticals and textile sector.