Pakistan attracts $154mn FDI from China in March 2024
Chinese investment equals 49.46% of the total FDI received in March
China’s investment in Pakistan’s economy surged in March 2024, with a substantial inflow of $161.2 million in foreign direct investment (FDI), according to the latest data released by the State Bank of Pakistan (SBP).
However, after factoring in an outflow of $7.3 million, the new inflow settled at $153.9 million.
In March 2024, Pakistan attracted $311.2 million in FDI from multiple partner countries. Of this, China made a significant contribution of $153.9 million, representing 49.46% of the total FDI.
Additionally, Hong Kong invested $29.5 million during the same period.
Other notable investors included the United States with $29.3 million, the United Kingdom with $25.9 million, and Singapore with $9.3 million. The remaining FDI originated from various other countries.
In the first nine months of FY-2023-24, Pakistan has so far received $1.264 billion foreign direct investment from all partner countries while $261.9 million from China.
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