China turns out to be a top investor in Pakistan

MG News | April 17, 2018 at 03:32 PM GMT+05:00

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China has turned out to be the biggest investor in Pakistan during the first nine months of fiscal year 2018. During the above mentioned period, Chain has cumulatively invested a sum of $1.34 billion in Pakistan.

Furthermore, Foreign Direct Investment during the nine months reached a sum worth $2.094 billion, data from State Bank revealed.

According to the SBP data, total Foreign Direct Investment was up by more than 4.4 percent.

Total Net foreign Investment in the country $4.451 billion, up 69 percent of same period last year.

Major contribution to the foreign investment came as a result of selling of Euro and Sukuk bonds.

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KSE30	56,998.00 313.06M	-0.83% -479.10
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	91,380.00	91,645.00 91,280.00	275.00 0.30%
BRENT CRUDE	62.70	63.02 59.96	2.74 4.57%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	97.90	98.15 97.75	-0.80 -0.81%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.25	58.45 58.23	0.49 0.85%
SUGAR #11 WORLD	14.96	15.08 14.90	-0.02 -0.13%