FDI for 1st QFY21 Up

Latest Pakistan Political Economic News

Foreign direct investment into Pakistan for the 1st Quarter FY21 (July – September) was up 9.1% to $733.1 million (last: $672 million). The power sector remained prominent as it attracted funds.

 

Chinese firms in the energy and infrastructure projects under the first phase of the China-Pakistan Economic Corridor (CPEC) framework remained prominent with FDI of $332.3 million (last: $64.3 million).

 

The Power sector attracted $352.3 million in the first four months of this fiscal year. Analysts said new law to replace defunct CPEC authority ordinance.

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