Foreign Direct Investment in Pakistan up 27% in November 2024

The net Foreign Direct Investment (FDI) in the country stood at $219 million in November 2024, up 27 percent over the FDI of $172 million in the same month of FY24. In November 2024, foreign direct investment inflows stood at $383 million, up 72 percent over inflows of $222 million in November 2023. While outflows stood at $164 million, up 229 percent compared to outflows of $50 million in November 2023. During 5MFY25, net FDI inflows rose 31 percent year-on-year (YoY) to $1.12 billion compared to inflows of $856 million in 5MFY24. During 5MFY25, the highest FDI inflows of $469 million were received from China, followed by Hong Kong at $116 million, the United Kingdom at $113 million, Switzerland at $67 million, and Canada with inflows of $65 million during the period under review. The power sector was the major recipient of FDI in 5MFY25, attracting inflows of $454 million, followed by financial business at $249 million, and oil and gas explorations at $125 million.