ISLAMABAD - Foreign Direct Investment (FDI) in Pakistan increased to $1.257 billion in July-Feb (2021-22) period compared to the FDI inflows of $1.185 billion recorded during same period a year ago, showing a growth of 6.1 percent.
On year-on-year basis, the FDI rose to $90.8 million in February 2022 against $137 million recorded during the same month of the preceding year, according to the data released by State Bank of Pakistan (SBP). The country-wise data shows that China remained the top country posting $384.5 million FDI during first seven months of current fiscal year compared to the investment worth of $522 million recorded during same period of last year.
United States was the second largest country with investment of $174.9 million during the period under review against the net investment of $84.2 million recorded during first seven months of the fiscal year 2020-21. The foreign investment from Netherlands posted a negative growth of 22 percent as it declined to $63.8 million from $82.3 million during July-February 2020-21. Foreign direct investment from Hong Kong also surged to $130.3 million in Jul-Feb (2021-22) against the investment of $105 million during same period of the previous year.
Similarly, the FDI from Singapore witnessed a surge of 765 percent as it rose to $77.8 million from mere $9.0 million in the first seven months of the preceding fiscal yer. The FDI from Switzerland also surged to $80.4 million from $57.3 million and that of UAE rose to $78.6 million in Jul-Feb (2021-22) from $60.3 million. Investment from Malaysia also increased from $24.1 million last year to $63.7 million in the corresponding period of current fiscal year. Similarly the FDI from Norway also rose to $21.6 million from negative $57 million in same period of previous fiscal year.
On year-on-year basis, the FDI rose to $90.8 million in February 2022 against $137 million recorded during the same month of the preceding year, according to the data released by State Bank of Pakistan (SBP). The country-wise data shows that China remained the top country posting $384.5 million FDI during first seven months of current fiscal year compared to the investment worth of $522 million recorded during same period of last year.
United States was the second largest country with investment of $174.9 million during the period under review against the net investment of $84.2 million recorded during first seven months of the fiscal year 2020-21. The foreign investment from Netherlands posted a negative growth of 22 percent as it declined to $63.8 million from $82.3 million during July-February 2020-21. Foreign direct investment from Hong Kong also surged to $130.3 million in Jul-Feb (2021-22) against the investment of $105 million during same period of the previous year.
Similarly, the FDI from Singapore witnessed a surge of 765 percent as it rose to $77.8 million from mere $9.0 million in the first seven months of the preceding fiscal yer. The FDI from Switzerland also surged to $80.4 million from $57.3 million and that of UAE rose to $78.6 million in Jul-Feb (2021-22) from $60.3 million. Investment from Malaysia also increased from $24.1 million last year to $63.7 million in the corresponding period of current fiscal year. Similarly the FDI from Norway also rose to $21.6 million from negative $57 million in same period of previous fiscal year.
