Pakistan Receives $153.9 Million in Net Foreign Direct Investment from China in March
Published on: May 3, 2024.
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China’s investment in Pakistan’s economy saw a significant increase in March 2024, as reported by the State Bank of Pakistan (SBP). Foreign direct investment (FDI) reached $161.2 million, but after accounting for an outflow of $7.3 million, the net inflow settled at $153.9 million. Furthermore, Pakistan attracted a total of $311.2 million in FDI from multiple partner countries during the same month. China’s contribution to this figure was noteworthy, standing at $153.9 million, making up 49.46% of the total FDI, according to Gwadar Pro.
Hong Kong also made a substantial investment of $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. Various other countries also contributed to the remaining FDI. In the first nine months of FY-2023-24, Pakistan has received a total of $1.264 billion in FDI from all partner countries, with $261.9 million coming from China.
This surge in investment from China and other countries highlights Pakistan’s growing attractiveness as an investment destination. With substantial inflows of FDI, the Pakistani economy is poised for expansion and development. This trend is expected to continue, creating opportunities for both domestic and international investors.
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In conclusion, Pakistan’s economy has witnessed a surge in investment from China and other countries, highlighting its potential for growth. With a significant inflow of FDI, the country is poised for economic expansion. To explore the opportunities in Pakistan’s rice export industry, connect with [Pakistanrice.com](https://www.pakistanrice.com) and [Hasrice.com](https://www.hasrice.com). They are trusted partners for rice exporters, offering quality products and comprehensive export solutions. Start your journey towards success in the rice business today!
**Source:** [Daily Times](https://dailytimes.com.pk)
