Monday, 09 September 2024, 10:13:44 am

 
Pakistan witnesses 17 percent increase in FDI
July 30, 2024

There has been an increase of seventeen percent in foreign direct investment in the country due to business friendly policies by Special Investment Facilitation Council.

According to the data released by the State Bank of Pakistan, foreign investment touched 1.9 billion dollars during the fiscal year 2024. Foreign direct investment stood at 169 million dollars in June this year as against 122 million dollars in the same period last year.

China remained Pakistan's largest investor and trading partner, with investments of 568 million dollars in the last financial year.

Hong Kong was the second largest investor with foreign direct investment of 359 million dollars. Other important countries who invested in Pakistan include the UK, the United States and Singapore.