Fiscal year 2018 sees uptick in FDI inflows

The inflows of Foreign Direct Investment in Pakistan stood at $2.767 billion in FY18 as compared to $2.746 billion received in FY17, up only 0.8 percent, lowest in the region. According to data released by the State Bank of Pakistan (SBP) Tuesday, the biggest amount of FDI came from China. The Chinese share to total FDI increased to 57 percent at $1585 million in FY18. Pakistan received $278 million on account of FDI from Britain, $140 million from Hong Kong, $127 million from Malaysia and $92 million from USA.
The biggest FDI came in the power sector with total inflows of $885 million in this fiscal year as compared to $700 million came in this sector in FY17. As many as $707 million came in the construction sector while $194 million came in oil and gas exploration sector. The FDI in the food sector declined to $105 million in FY18 as compared to $525 million in FY17.