China turns out to be a top investor in Pakistan
MG News | April 17, 2018 at 03:32 PM GMT+05:00
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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