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

Today is,

Sunday, 29 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
Pakistan renew its commitment to UN peacekeeping at first-ever defence chiefs conference -
UNITED NATIONS, Mar 28 (APP): Pakistan has renewed its commitment to the “noble cause” of United Nations peacekeeping, the world body’s flagship activity that helps countries torn by conflict to create the conditions for lasting peace.


At UN, Pakistan urges action to end violence against religious, ethnic minorities in Mideast -
UNITED NATIONS, Mar 28 (APP):  Pakistan Friday called for U.N. Security Council action to end the religiously and ethnically-motivated violence sweeping the Middle East by promoting a global consensus for resolving the challenges confronting Iraq, Syria, Yemen and “most importantly” Palestine.


US says Pakistan making sincere effort for Afghan peace -
WASHINGTON, March 28 (APP): Pakistan is making a “sincere effort” towards Afghan peace and it wants to make the best use of the “new environment” by aiding a negotiated political settlement to the conflict in the neighboring country, U.S. Special
Representative Dan Feldman said.


UN leader calls on defence chiefs for ‘unity and backing’ on UN peacekeeping -
UNITED NATIONS, Mar 27 (APP): At the first-ever United Nations Chiefs of Defence Conference Friday,  Secretary-General Ban Ki-moon appealed to senior military officials for more troop contributions from States around the world and for political will and purpose.


IMF okays release of $ 501.4 million for Pakistan -
WASHINGTON, March 27 (APP): The International Monetary Fund (IMF) Friday approved immediate release of $ 501.4 million tranche for Pakistan as the Fund’s Executive Board completed the sixth review of Pakistan’s economic performance.


Sport News
Australia skipper Clarke decided to quit ODI cricket after World Cup

From Ehsan Qureshi

MELBOURNE, March 28 (APP): Australian skipper Michael Clarke has decided to retire from One-Day Internationals after Sunday’s Cricket World Cup (CWC) final against New Zealand here at the Melbourne Cricket Ground (MCG).

 
Aussies enjoys edge but Kiwis can topple them with fighting spirit in CWC final on Sunday

From Ehsan Qureshi

MELBURNE, March 28 (APP): Though Australia enjoyed the edge but fighting qualities, innovative brand of the game and flair can help New Zealand to topple the favorites in the final of Cricket World Cup (CWC) here on Sunday.

 
NZ captain McCullum rates his team’s chances as 50-50 in World Cup final

From Ehsan Qureshi

MELBOURNE, March 28 (APP): New Zealand captain Brendon McCullum Saturday rated his team’s chances against Australia in the Cricket World Cup final as 50-50.

 
ICC Cricket World Cup 2015 breaking records, capturing hearts: Richardson
MELBOURNE, March 28 (APP): ICC Cricket World Cup 2015 has been a record-breaking tournament and has cemented the event’s position as one of the most popular sporting spectacles in the world, according to statistics released here on Saturday.
 
President SFP serves notice on Haider Lehri for holding illegal elections
KARACHI Mar. 26 (APP): President Softball Federation of Pakistan (SFP) Mohammed Saleem Khan has issued show cause notice to federation’s secretary general Haider Lehri for holding unconstitutional elections of the federation at Lahore on March 21 last.
 
Archive
Latest News
CM approves Rs 150b Khadim-e-Punjab Rural Roads Programme - NAB chairman urges Multan bureau official to work for curbing corrup... - Delegation of Afghan journalists arrive - Terrorism to be eliminated in totality all over country: COAS - PR making efforts for its uplift - Terrorism to be uprooted completely: Pak envoy
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