Islamabad: Foreign Direct Investment (FDI) in the country has seen a notable increase of 41 percent, amounting to $1.6 billion. This surge is attributed to the strategic initiatives of the Special Investment Facilitation Council (SIFC).
The rise in FDI is reflected across key sectors, including energy, agriculture, and technology. These areas have experienced an uptick in business deals and investment activities, illustrating the impact of SIFC’s policies.
Central to this growth is the SIFC’s Single Window model, which has facilitated project-based investments and bolstered inter-ministerial coordination. This approach has streamlined processes and encouraged foreign investors.
Recent acquisitions highlight the success of these strategies. Saudi company Aramco Asia acquired a 40 percent stake in GO Petroleum, while Egyptian firm MNT Halan purchased Advans Pakistan Microfinance Bank. These moves underscore the increasing attractiveness of the local market for foreign entities.
The developments were reported by Radio Pakistan, emphasizing the role of strategic facilitation in enhancing FDI inflows.