Foreign Direct Investment in Pakistan registers increase of 74% in November

Shares
Foreign Direct Investment in Pakistan registers increase of 74% in November

ISLAMABAD - Foreign Direct Investment in Pakistan has registered significant increase in the month of November.

*As per media report, Pakistan have gained foreign direct investment (FDI) of $280 million in November 2018- 74% more than previous month of October.*

The country had attracted 161 million US dollars’ FDI in October.

China remained the foremost investor in November, which invested net $249.1 million, which makes up 89% of the total 280 million dollars FDI in the month.

The inflows from China apparently invested in Pakistan’s construction and power sectors, the State Bank of Pakistan (SBP) said in a statement.

The maximum investment from China was meant for the power sector, construction and financial business in Pakistan.