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

Today is,

Wednesday, 01 October 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
Obama hails BSA with Kabul as framework for targeting al-Qaeda, training Afghan forces -
WASHINGTON, Sept 30 (APP): US President Barack Obama on Tuesday hailed the formal conclusion of Bilateral Security Agreement with Afghanistan, saying it provided American forces the legal framework to target al-Qaeda remnants beyond 2014 and training the Afghan National Security Forces.


Kashmiris protest outside White House as Modi begins Washington visit -
WASHINGTON, Sept 30 (APP): Hundreds of Kashmiri-Americans protested  India's blatant violation of human rights in the Indian Occupied Kashmir, holding a vociferous demonstration outside the White House when President Barack Obama hosted Indian Prime Minister Narendra Modi for a private dinner Monday evening.



Pakistan seeks improved ties with Afghanistan under new leader -
NEW YORK, Sept 30 (APP):  Pakistan hopes to work with Afghanistan's new president, Ashraf Ghani to reverse a recent deterioration in its relations with Kabul, Sartaj Aziz, the adviser to Prime Minister on national security and foreign affairs has said.


Modi to hold talks with Obama; Indian minorities to protest -
WASHINGTON, Sep 29 (APP): Prime Minister Narendra Modi is due to meet with President Barack Obama Monday evening at the White House, amidst support for his economic emphasis among Indian-Americans as well as protests from Indian minorities for his party’s extremist views and the Gujarat government’s alleged collusion in the 2002 massacre of Muslims.


UN congratulates Afghan President Ghani on inauguration -
UNITED NATIONS, Sept 29 (APP): The United Nations welcomed the inauguration of new Afghan President Ashraf Ghani and reaffirmed the Organization’s commitment to cooperate with the national unity government in the country’s progress to peace, stability and development.


Sport News
Usman finished 14th in Asian Games Skeet shooting
From Ehsan Qureshi

INCHEON, South Korea, Sept. 30 (APP):  Pakistan’s Usman Chand finished 14th at the conclusion of individual five rounds of qualification in skeet shooting event of XVII Asian Games here at the Gyeonggldo International Shooting Range on Tuesday.
 
Shahnaz, Kumar compliment Imran Butt for excellent show
INCHEON, South Korea, Sept 30 (APP): Coach Shahnaz Shaikh and Malaysian goalie S.Kumar showered praised on Imran Butt for his excellent show which steered Pakistan in the final of Asian Games hockey.
 
Butt stars as Pakistan wins shootout thriller to cruise in Asian Games Hockey final
INCHEON, South Korea, Sept. 30 (APP):  Custodian Imran Butt made three awesome penalty strokes saves as Pakistan cruised into final of XVII Asian Games Hockey Tournament after a heart-stopping 6-5 shootout victory over Malaysia at Seonhak Hockey Stadium here on Tuesday.
 
Hong Kong routs Pakistan 72-0 in Asian Games Rugby
INCHEON, South Korea, Sept 30 (APP): Hong Kong humiliated minnows Pakistan by whooping margin of 72-0 in their opening group match in XVII Asian Games Rugby here at the Namdong Asiad Rugby Field on Tuesday.
 
Pakistan went down 23-11 against India in Asian Games Kabbadi
INCHEON, South Korea, Sept. 30 (APP): Pakistan grapplers despite a narrow win in the second half, went down 23-11 against old adversary and defending champion India in their third and final league encountyer of XVII Asian Games Kabbadi at Songodo Gymnasium court on Tuesday.
 
Archive
Latest News
PML-N govt taking steps to achieve progress in energy, investment se... - Photo exhibition to celebrate 65th anniversary of China organised - Electricity defaulters to face disconnection: Abid - Zahid Hamid attends 60th anniversary of creation of CERN in Geneva - PTI, PAT fail to create political instability: Pervaiz - Pakistan and Qatar agree to further promote trade and economic ties
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