Islamabad: Foreign direct investment (FDI) in the energy sector has surged to $585.6 million during the current fiscal year, marking a substantial increase from the $266.3 million recorded during the same period last year. This growth has been attributed to the efforts of the Special Investment Facilitation Council (SIFC).
According to Ministry of Information and Broadcasting, the increase of 120 percent in FDI came through investments primarily in electricity, oil, and gas exploration. This significant rise underscores the potential for growth in these key sectors and reflects a renewed investor confidence in the region’s energy market. The SIFC’s initiatives have been pivotal in facilitating these investments, providing an encouraging outlook for the sector’s future development.