Breaking News

Foreign Investment in Pakistan Surges with SIFC Support

Islamabad: Pakistan has emerged as a key destination for foreign investment, bolstered by the initiatives of the Special Investment Facilitation Council (SIFC). The country’s expanding efforts in renewable energy and eco-friendly technologies are driving its vision toward sustainable development.

According to a statement by Ministry of Information and Broadcasting, foreign direct investment (FDI) surged by 25% in the fiscal year 2024. The first half of fiscal year 2025 saw a 20% increase, reaching a total of $1.3 billion in FDI.

The power sector has been a leading recipient, attracting $488.4 million in investments during the first half of the financial year 2025. The financial sector followed, receiving $353 million, while the oil and gas sector secured $166.7 million.

China has been Pakistan’s largest investment partner, contributing $535.5 million in the first half of fiscal year 2025. Investment from Hong Kong also saw a notable rise of 14%, reaching $134.3 million during the same period.

The post Foreign Investment in Pakistan Surges with SIFC Support appeared first on pakistannewsgazette.com.

Check Also

Hindutva Extremists Disrupt Tirupati Book Exhibition Over Quran Analysis

Amaravati: Hindutva religious extremists disrupted the Tirupati Book Exhibition in Andhra Pradesh, targeting a stall featuring a book analyzing the Quran and sparking tensions at the event.

According to a statement by Kashmir Media Service, the extr...

The post Hindutva Extremists Disrupt Tirupati Book Exhibition Over Quran Analysis appeared first on pakistannewsgazette.com.