Pakistan Sees 17% Surge in Foreign Direct Investment

Islamabad: Pakistan has experienced a 17 percent increase in foreign direct investment (FDI) over the past fiscal year, attributed to the pro-business initiatives implemented by the Special Investment Facilitation Council. This growth underscores the country’s evolving economic landscape, fostering a more welcoming environment for international investors.

According to Ministry of Information and Broadcasting, the State Bank of Pakistan reported that FDI reached $1.9 billion in fiscal year 2024. June alone saw investments of $169 million, compared to $122 million in the same month the previous year, reflecting a robust uptrend in investment flows. China continues to be Pakistan’s top investor, contributing $568 million last year. Following China, Hong Kong emerged as the second largest investor with $359 million in FDI. Other significant contributors included the UK, the United States, and Singapore, further diversifying the investment portfolio of the country.

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Pakistan Sees 17% Surge in Foreign Direct Investment

Islamabad: Pakistan has experienced a 17 percent increase in foreign direct investment (FDI) over the past fiscal year, attributed to the pro-business initiatives implemented by the Special Investment Facilitation Council. This growth underscores the country’s evolving economic landscape, fostering a more welcoming environment for international investors.

According to Ministry of Information and Broadcasting, the State Bank of Pakistan reported that FDI reached $1.9 billion in fiscal year 2024. June alone saw investments of $169 million, compared to $122 million in the same month the previous year, reflecting a robust uptrend in investment flows. China continues to be Pakistan’s top investor, contributing $568 million last year. Following China, Hong Kong emerged as the second largest investor with $359 million in FDI. Other significant contributors included the UK, the United States, and Singapore, further diversifying the investment portfolio of the country.

The post Pakistan Sees 17% Surge in Foreign Direct Investment appeared first on pakistannewsgazette.com.

Check Also

President Zardari Highlights Strategic Importance of China-Pakistan Relations

Islamabad: President Asif Ali Zardari has reiterated Pakistan’s dedication to strengthening its ties with China, emphasizing the mutual benefits of enhanced cooperation in technology and infrastructure.

According to a statement by Ministry of Inform...

The post President Zardari Highlights Strategic Importance of China-Pakistan Relations appeared first on pakistannewsgazette.com.