Foreign Direct Investment (FDI) in Pakistan has recorded a 41% increase, bringing the total investment to $1.6 billion.
According to statistics released by the Special Investment Facilitation Council (SIFC), there has been a noticeable rise in foreign direct investment due to the council’s effective strategy.
The SIFC stated that its single-window model, focus on project-based investments, and improved inter-ministerial coordination have played a vital role in boosting investor confidence.
During the first eight months of the current fiscal year, mergers of key companies resulted in $148 million in FDI, which was described as a welcome development.
According to the council: Saudi company Aramco acquired 40% stakes in GO Petroleum.
Egyptian firm MNT-Halan invested in Advance Pakistan Microfinance Bank, further strengthening effective foreign investment in the country.
The SIFC noted that investments from the Gulf region have reinforced Pakistan’s trade relations, and Pakistani startups are increasingly becoming the focus of international investors.
