Latest News

Improved Foreign Direct Investment: Pakistan Sees A 17% Increase in FDI

Published

on

Foreign Direct Investment in the nation has increased by 17% as a result of the Special Investment Facilitation Council’s business-friendly policies.

Foreign investment reached 1.9 billion dollars in the fiscal year 2024, according to figures issued by the Pakistani national bank. Comparing June of this year to the same month last year, foreign direct investment was 169 million dollars.

With investments of $568 million in the most recent fiscal year, China continued to be Pakistan’s biggest trading partner and investor.

After investing $359 million in foreign direct investment, Hong Kong emerged as the second-largest investor. United States, United Kingdom, and Singapore are among significant nations that have made investments in Pakistan.

Receiving $801 million in foreign direct investment (FDI) in the fiscal year, the energy sector emerged as a major winner.

The surge is attributable to the Special Investment Facilitation Council’s successful policies and efforts, which have improved the business climate.

As a sign of the growing interest in Pakistan’s energy resources, investments in oil and gas exploration also went up to 304 million dollars.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version