Foreign Direct Investment (FDI) in Pakistan has expanded by 17% in the ongoing monetary year contrasted with the earlier year, as per information delivered by the State Bank of Pakistan.
The country’s FDI reached $1.9 billion in financial year 2024, up from $1.62 billion in the earlier year. The Special Investment Facilitation Council (SIFC) plays had a urgent impact in drawing in unfamiliar speculation through its business-accommodating strategies, further developing the general business climate.
In June 2024, FDI remained at $169 million, contrasted with $122 million in a similar period last year. China remained Pakistan’s biggest financial backer and exchange accomplice, with speculations of $568 million in the last monetary year.
Hong Kong contributed $359 million, up from $250 million the previous year, making it the second largest investor. The United Kingdom contributed $268 million, the United States contributed 137 million, and Singapore contributed 100 million.
The power area pulled in the most FDI, getting $800 million in financial year 2024. Interest in oil and gas investigation expanded to $304 million, up from $137 million in the earlier year.
These figures exhibit the positive effect of SIFC’s drives in making Pakistan a more appealing business sector for unfamiliar speculation.
