OUR STAFF REPORTER ISLAMABAD - The Securities and Exchange Commission of Pakistan (SECP) registered 3,400 companies during the previous financial year 2010-2011 as compared to 3,041 companies registered during the last year, registering an increase of 12 per cent. The total corporate portfolio, as on 30th June 2011, has reached 59,451 companies, which is close to touching 60,000 - an all time high. This increasing trend in the registration of companies is due to the SECPs pro-registration facilitation mechanism and the governments investment friendly initiatives. eServices has also facilitated the company registration process and almost 50 per cent of new registration is now through online services - showing the increasing adaptability by the general public towards eServices. The companies registered during the year comprise 3,056 private companies, 213 single member companies, 31 public unlisted companies, 39 foreign companies, 53 not-for-profit associations, 4 companies limited by guarantee and 4 trade organizations. The highest number of company incorporation took place in the trading sector comprising of 508 companies, followed by 495 in services, 217 in tourism, 209 in Information Technology, 204 in construction, 148 in communication, 122 in textile, 113 in transport, 96 each in education, and food and beverages, 92 in corporate agricultural farming and 86 in engineering sector.