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

Today is,

Wednesday, 04 March 2015

 

Home | About Us | News | User Login | Jobs | Employees | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
World News
UN health agency spotlights risks of noise-induced hearing loss -
UNITED NATIONS, Feb 3 (APP): More than 1 billion teenagers and young adults are at risk of hearing loss due to the unsafe use of personal audio devices such as smartphones and exposure to damaging levels of sound, prompting the World Health Organization (WHO) to devote International Ear Care Day tomorrow to “Making Listening Safe”.


Resolution of Gaza crisis key to achieving Mideast peace: UN envoy -
UNITED NATIONS, March 3 (APP): Peace in the Middle East hinges on resolving the ongoing crisis in Gaza, where reconstruction efforts are faltering and the blockade continues, the U.N.’s Special Coordinator for the Middle East Process, Robert Serry, said Monday.


Japanese media enjoys complete freedom: CEO Kahoku Shimpo Publishing -
By Karim Madad

SANDAI CITY (Japan) March 2 (APP): The Chief Executive Officer  (CEO) and Chief Editor of Kahoku Shimpo Publishing Takada Shinichi said that Japanese media was enjoying complete freedom.


Obama to host Afghan president on March 24 -
WASHINGTON, Feb 28 (APP):  President Barack Obama will host Afghan President Ashraf Ghani, Chief Executive Officer Abdullah, and key members of their unity government for meetings and a working lunch at the White House on March 24.


Women must be at the decision-making table at all levels: UN chief -
UNITED NATIONS, Feb 28 (APP): The world must unite to end violence and discrimination against women and girls, United Nations Secretary-General Ban Ki-moon urged at a high-level event in Chile on women and decision-making Friday, citing that progress over the past two decades has been made slow and uneven.


Sport News
Pak skier defeats Indian opponent in Asian Alpine Ski Championship
ISLAMABAD, March 3 (APP): Olympian Mohammad Karim of Pakistan has beaten his Indian opponent Mohammad Arif in the giant slalom event of Asian Alpine Ski Championship 2015, being held in Yongpyong, South Korea.
 
Saad to lead Omar Associates in Patrons Cricket Trophy
KARACHI, March 3 (APP): International Saad Nasim has been named to lead Omar Associates team in the Patrons Cricket Trophy starting simultaneously at different grounds of the country from March 9.
 
PCB clears Moin from Casino visit charges
LAHORE, Mar 3 (APP): Pakistan Cricket Board has cleared chief selector, Moin Khan from alleged allegations of gambling in Brisbane, Australia ahead of World Cup match.
 
Yousuf optimistic of Pakistan cruising in last-8 round of CWC
KARACHI, Mar 3 (APP): Despite troubles and indifferent form, Pakistan will reach the quarterfinal of Cricket World Cup, former skipper Muhammad Yousuf predicted on Tuesday.
 
Irfan, Misbah improves in ICC ranking
KARACHI, Mar 2 (APP): Pakistan captain Misbah-ul-Haq climbed two place following his stubborn knock of 73 runs against Zimbabwe in their ICC Cricket World Cup match in Brisbane on Sunday.
 
Archive
Latest News
ECP orders PTI to submit detailed response by March 17 on PTI financ... - Fake lady doctor involved in immoral activities to be brought to boo... - Khawja terms horse trading impediment in democracy promotion - Measures being taken speedily under NAP: CM - Restoring peace, rehab of tribal people top priorities of govt: Gove... - SC seeks ECP notifications over LB polls schedule in three provinces
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.

 

 

Grievance Commissioner Wafaqi Mohtasib
Grievance Commissioner Wafaqi Mohtasib
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
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