Home arrow News arrow National arrow Malaysia emerges as biggest FDI investor in Pakistan
 

Today is,

Friday, 19 September 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
World News
Some 22 million displaced by natural disasters in 2013: UN-backed report -
UNITED NATIONS, Sept 18 (APP): A new U.N.-backed report launched Thursday reveals that 22 million people worldwide were displaced in 2013 by disasters sparked largely by earthquakes or climate-and weather-related events, almost three times more than by conflict in the same year.


UN Mideast envoy announces deal on reconstruction in Gaza -
UNITED NATIONS, Sept 17 (APP) : With the Egyptian-brokered ceasefire holding in the Gaza Strip, the United Nations has reached agreement with Israel and Palestinian Authority on a new reconstruction mechanism for the enclave to kick start recovery and rehabilitation and give hope to the people there, a senior UN envoy announced.


Amid many challenges facing the world, UN General Assembly's 69th session opens -
UNITED NATIONS, Sept 17 (APP):  With myriad devastating crises gripping the world, the United Nations General Assembly opened its 69th annual session Tuesday, with the body's new president calling on member states to harness opportunities and to find solutions to the challenges confronting humanity.


World hunger falls, but undernourished remain 'unacceptably high': UN report -
UNITED NATIONS, Sept 16 (APP): More than 800 million people - or one in every nine on the planet - suffer from hunger, but a new joint UN agency report released Tuesday stated that the Millennium Development Goal of halving the proportion of undernourished people by 2015 is still within reach.


Actor DiCaprio named UN Messenger of Peace -
UNITED NATIONS, Sept 16 (APP): UN Secretary-General Ban Ki-moon has tapped top Hollywood star Leonardo DiCaprio as a United Nations Messenger of Peace to help promote global action on climate change.


Sport News
Pakistan to defend hockey, cricket, squash titles in Asian Games
INCHEON, South Korea, Sept 18 (APP): Pakistan will be hoping to defend their hockey, cricket and squash titles as the XVII Asian Games open at the state-0f-the-Art Hunmak Stadium here on Friday evening at glittering ceremony.
 
Farhan confident of striking double gold in Asian Games squash
By Ehsan Qureshi

INCHEON, (South Korea), Sept 18 (APP): Pakistan has got a golden opportunity of striking double gold in the squash event of XVII Asian Games, said captain Farhan Mahboob on Thursday.
 
Lahore Lions face California Eagles at Jalandhar
LAHORE, Sept 18 (APP): Sports Board Punjab’s Lahore Lions kabaddi team, with an ambition to top the medals table in the ongoing World Kabaddi League (WKL), left here on Wednesday for India.
 
Railways to participate in 11th PFF Premier Football League
LAHORE, Sep 18 (APP): Pakistan Railways Football team will leave for Islamabad on Friday to participate in 11th PFF Premier Football League.
 
KP Police win 3rd All-Pakistan Field Marshal Ayub Khan Memorial Hockey title
PESHAWAR, Sept 18 (APP): Khyber Pakhtunkhwa Police clinched the trophy of the 3rd All-Pakistan Field Marshal Muhammad Ayub Khan Memorial Hockey Tournament being played at Hockey ground, Haripur on Thursday.
 
Archive
Latest News
Non-state actors can use Kashmir issue to destabilize region: Schofi... - Defence Day of Pakistan celebrated in Paris - NAB to set up two new regions, anti-corruption training academy - Imran to repent of whatever he is doing: Ranjha - Federal Govt to extend maximum facilities to IDPs: Marvi - Musharraf treason case: Prosecution witnesses completes testimony be...
Malaysia emerges as biggest FDI investor in Pakistan PDF Print E-mail
HTML clipboard

ISLAMABAD, Dec 31 (APP): Malaysia tops the list of investors making Foreign Direct Investment (FDI) in Pakistan during first six month of year 2008, according to data released by Ministry of Foreign Affairs. The Foreign Direct Investment during the first five months of current financial year reached US$ 1.8 billion registering an increase of 1.5 percent, export reached to US$ 8.2 billion with a growth of 20 percent and foreign remittance at 2.9 billion registered an impressive increase of 15pc.

The May Bank made the biggest investment of US$ 907 million in banking sector followed by Saudi Arabia with an investment of US$ 750 million in steel sector and UAE with an investment of US$ 500 million in power sector.

The global economic meltdown has not deterred the foreign investors including Malaysia to invest in Pakistan, as the Pakistan’s economy showed extreme resilience and defied the economic recession with registering growth in FDIs, Export and Foreign Remittance.

According to the data, another ASEAN member country Singapore has made an investment of US$ 147 million in banking sector and US$ 30 million in power sector and as such trails far beyond Malaysia.

Other countries who are flocking Pakistan for FDI in banking sector are Switzerland with an investment of US$ 200 million, United Kingdom US$ 125 and Saudi Arabia US$ 200 million.

The countries making investment in Hypermarkets in Pakistan are Germany with an investment of US$ 100, Holland with an investment of US$ 100 million and France with an investment of US$ 40 million, whereas countries making investment in power sector are UAE with an investment of US$ 500 million, OPEC with an investment of US$ 30 million and  Turkey with an investment of US$ 130 million.

The information released by the Ministry of Foreign Affairs says that China, UAE and Korea have also announced additional investment in telecom, banking and power sectors. China has announced US$ 800 million in Telecom sector, UAE has announced an investment of US$ 2 billion in banking sector and Republic of Korea has announced investment of US$ 300 million in Hydropower sector.

In addition, Chinese companies have further announced FDI to Pakistan at US$ 5 billion and UAE/Saudi Arabian companies have assured FDI of US$  3 billion during current financial year of 2008-09.

The data further suggests that foreign investors who have burnt their fingers elsewhere are finally beginning to look at Pakistan as safe haven for long term sustainable and profitable partnership.

 

     

Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Profiles
Profile of the President
Profile of Prime Minister
Profiles of Chairman and deputy Chairman Senate
Profiles of Speakers and Deputy Speakers
Profile of Governors
Profiles of Chief Ministers
Profiles of Federal Ministers
Portfolios of Federal Ministers
Portfolios of Provincial Ministers
Parlimentary Proceedings
National Assembly
Senate
Latest News