Industrial development in Pakistan
The Pakistani government realized that the country was lagging behind industrially.  Therefore, special efforts were made to establish a strong industrial system.  An industrial policy was announced in 1948, which encouraged the private sector.  In 1972, the government nationalized ten types of factories.  At the time, the government's actions created uncertainty in the private sector.  Capitalists are now reluctant to invest in industry.  The subsequent government made state-controlled factories private in the same way.  In addition, the private sector paved the way for setting up new factories and investing in them.  As investors invest in Pakistan's industrial sectors.