China leads FDI in Pakistan with net inflow of $224.8m in Sep
MG News | October 22, 2024 at 01:34 PM GMT+05:00
October 22, 2024 (MLN): China emerged as the largest investor in Pakistan in September 2024, with a net direct investment of $224.81m, followed by the Hongkong and United Kingdom which invested $40.84m and $31.76m respectively,according to the data issued by the State Bank of Pakistan (SBP).
During 3MFY25, China remained the largest investor, followed by Hongkong and the United Kingdom with net FDI of $404.02m, $98.78m, and $72.22m respectively.
It is pertinent to note that the total FDI in 3MFY25 stood at $771.11m, up 48.22% YoY compared to the FDI of $520.24m in 3MFY24.
China held the majority proportion (52.39%) of direct investments in the country during 3MFY25, and investment from the respective country has increased substantially by 146.55% YoY when compared with the figure of $163.87m in 3MFY24.
Hongkong’s contribution in net FDI stood at $98.78m (12.81%) in the 3MFY25, up by 47.6% YoY compared to $66.93m in SPLY.
The third major investor during 3MFY25, United Kingdom’s share was 9.37% with a direct investment of $72.22m, growing by 26.14% YoY.
Other major important investors were Switzerland, Others and France with a net FDI of $33.94m, $28.9m, and $28.76m respectively during 3MFY25.
The Foreign Portfolio Investment (FPI), which represents an investment in the equity market (both direct and indirect) during September stood at a positive $29.53m.
On a cumulative basis, FPI showed an investment of $132.42m during 3MFY25, against the investment of $9.88m in the SPLY.
The United Kingdom emerged as the biggest portfolio investor during the month, as it invested $8.21m during the month and $7.62m during 3MFY25.
The total foreign investment in the review month clocked in at $414.62m.
On a cumulative basis, within 3MFY25, total foreign investment was reported at $903.53m as compared to foreign investment of $530.12m incurred in the corresponding period last year.
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