Telecom sector attracts $2.6bln FDI: Economic Survey


ISLAMABAD, June 10 (APP):Pakistan Telecom sector has attracted 2.6 billion dollars Foreign Direct Investment (FDI) during last five year, off which a total of US$ 4.5 billion had been invested by the local telecom players.

According to the Economic Survey Report for Fiscal Year 2018-19, released by Advisor to Prime Minister on Finance, Dr Abdul Hafeez Shaikh here on Monday said that sector was playing pivotal role in Pakistan’s economy where it is contributing directly and indirectly in employment generation, financial inclusion, attracting investment, providing innovation opportunities besides contribution of huge resources to national kitty in terms of taxes, duties and other levies.