ISLAMABAD: Foreign investment in the country recorded a small rise of 9 percent during the fiscal year ended June 30, 2017, after security situation improved and fresh inflows
from China crossed one billion dollars level.
Foreign investment in Pakistan during July 2016-June 2017 amounted to 2.157 billion dollars as against 1.976 billion dollars of the preceding year, a private news channel reported.
The Major chunk of foreign investment arrived from China amounting to 1.185 billion dollars during the preceding fiscal year.
The second country which contributed most was Netherland which bought Engro Foods worth 463 million dollars during the previous year.
Another stepping stone which boosted the investment was buying of Dawlance by Turkey group which helped improved flows amounting to 135 million dollars.
Foreign outflow during the year was 531 million dollars as compared to 320 million dollars of the preceding year.
