ISLAMABAD: Pakistan experienced a significant inflow of foreign investment, totaling $1.9 billion during the financial year 2023-24, according to the State Bank of Pakistan (SBP).
The SBP report highlighted that in June alone, foreign investments amounted to $17 million.
The central bank’s report emphasizes substantial investments from China, Hong Kong, and the United Kingdom. Chinese investors led the way with $57 million, followed by Hong Kong with $36 million, and British companies with $27 million.
Over the past 12 months, Chinese investors have poured in $52 million, while Hong Kong investors have contributed $32 million. In contrast, US companies invested $13.7 million during the same period.
The PowerCaps sector attracted the highest foreign investment, totaling $80 million, with the oil sector receiving $30 million.
This influx of foreign investment reflects growing international confidence in Pakistan’s economic potential, particularly from key regions such as China and Hong Kong.