Pakistan records $6.24 billion net FDI since SIFC launch, minister

Monthly FDI Hits 51-Month High With 172% YoY Surge in April 2024....

ISLAMABAD: Pakistan has attracted approximately US$ 6.24 billion in net Foreign Direct Investment (FDI) from FY24 to July-April FY26 since the establishment of the Special Investment Facilitation Council (SIFC), according to data from the State Bank of Pakistan (SBP).

The Minister Incharge of SIFC stated that gross FDI inflows during the same period stood at approximately US$ 10.41 billion, highlighting investor confidence in Pakistan’s investment regime.

April 2024: Highest Monthly FDI in 51 Months  

According to SBP data released in May 2024, FDI inflows surged 172% year-on-year (YoY) to $358.84 million in April 2024, compared to $131.9 million in April 2023.

This marks the highest monthly FDI inflow in 51 months.

On a month-on-month (MoM) basis, FDI jumped 39%, up from $258.04 million in March 2024.

For the first 10 months of FY24 (July-April), total FDI inflows reached $1.46 billion, compared to $1.35 billion in the same period of FY23.

Top Investors & Sectors

Country-wise:  

1. China: Largest investor with $177.37 million net FDI in April 2024

2. UAE: $51.93 million

3. Canada: $51.89 million

Sector-wise:  

The Power sector attracted the highest inflows with $194 million in April 2024, followed by other key sectors.

Officials say the rise in FDI reflects the impact of SIFC’s facilitation for foreign investors in priority sectors including energy, infrastructure, and technology.

Pakistan FDI: $6.24Bn Since SIFC* | April Hits 51-Month High

Key points: 172% YoY surge to $358.84M in April 2024, China leading with $177.37M, Power sector top recipient.

$6.24Bn net FDI since SIFC launch.

Pakistan’s FDI jumps 172% YoY to $358.84Mn in April 2024 – highest in 51 months. China leads with $177Mn.

Pakistan’s FDI surges 172% in April.

$6.24Bn net inflows since SIFC. Power sector top recipient.

_”Pakistan FDI: $6.24Bn Since SIFC | April Hits 51-Month High”_