Foreign Aid & Investment: $1.04 billion aid, $947 million FDI received in July-January

Total $1.04 billion foreign aid/funds were received and $947 million foreign direct investment (FDI) was made during July-January period of 2010-11. On questions of members, following information was provided to the National Assembly Secretariat.
A sum of $464 million was utilised to finance development projects, $96 million for loans/budgetary support, and $39 million for earthquake reconstruction and rehabilitation projects. Similarly, total $149 million was collected from Tokyo Pledge during this period. A sum of $3 million was utilised for Afghan Relief and Reconstruction Authority (R.R.A), $10 million for Floods (Citizen Damage Compensation) and $275 million for other projects.
According to written reply to question about FDI, as per information released by the State Bank of Pakistan, foreign direct investment (FDI) amounting $947.0 million was made during the seven months of 2010-11 in the country. Total foreign investment from March, 2008 to date was $9.79 billion. Foreign investment in 2008-09 (July-June) 2009-10 (July-June) and 2010-11 were $3.72 billion, $2.15 billion and $947 million, respectively.
As per information supplied by the State Bank of Pakistan, China Mobile Pakistan made $170 million foreign direct investment in Pakistan during the financial year 2009-10. To facilitate foreign investors, Cabinet approved Special Economic Zones (SEZs) Bill in May 2010 and now it is under consideration of the Council of Common Interests (CCI).
Pakistan offers a wide range of sectors for foreign investment like power, oil & gas exploration, agriculture, livestock & dairy development, mining & quarrying, Thar coal-based projects, infrastructure development, manufacturing, textile, housing & construction, transport, storage facilities, tourism, fertiliser, and chemicals.