Tag: FDI

Govt takes steps to increase immunization program’s efficiency

ISLAMABAD, Sep 19 (APP): The Ministry of National Health Services has decided to take immediate steps to increase the efficiency of the national immunization program. The decision to take three major steps in this regard was taken on the direction of Caretaker Minister for Health, Dr. Nadeem Jan. It was decided to incorporate the Human… Continue reading Govt takes steps to increase immunization program’s efficiency

PM for increasing FDI to $5 bn through SIFC

ISLAMABAD, Jun 20 (APP):Prime Minister Shehbaz Sharif on Wednesday said with the help of the Special Investment Facilitation Council (SIFC), the immediate task was to increase the Foreign Direct Investment (FDI) in the country up to $5 billion He said he had fervently advocated a unified approach to steer the country out of the economic… Continue reading PM for increasing FDI to $5 bn through SIFC

Commerce minister shares Pakistan’s investment potential with leading firms

ISLAMABAD, Jun 6 (APP): Federal Minister for Commerce, Naveed Qamar held meeting with the leading investment firms in London and shared with them the investment potential of Pakistan in various fields of economy. High Commissioner Moazzam Ahmad Khan and Additional Secretary Commerce, Ahsan Ali Mangi accompanied the Minister in the meeting, according to press statement… Continue reading Commerce minister shares Pakistan’s investment potential with leading firms

Twin cities will get first-ever resort-living development soon

ISLAMABAD, Jul 24 (APP):As a major boost to the federal government’s efforts to lure foreign direct investment (FDI) in the country, One Homes, a leading international property developer company has acquired a 100,000 square feet piece of prime land in Islamabad and Rawalpindi to become first ever tailor-made resort style living development for overseas Pakistanis.The… Continue reading Twin cities will get first-ever resort-living development soon

FDI inflows rise 6.1% in 7 months

ISLAMABAD, Mar 18 (APP):The Foreign Direct Investment (FDI) in Pakistan increased to US$1.257 billion in July-Feb (2021-22) compared to the FDI inflows of $1.185 billion recorded during same period, a year ago, showing a growth of 6.1 percent. On year-on-year basis, the FDI rose to US$90.8 million in February 2022 against US$137 million recorded during… Continue reading FDI inflows rise 6.1% in 7 months

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Foreign Investors optimistic on investment prospects in Pakistan

Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, Monday unveiled the results of the biennial “Perception and Investment Survey 2021”. The survey results present an array of insights, shedding light on the increase in confidence of OICCI members on the growth potential of the country and… Continue reading Foreign Investors optimistic on investment prospects in Pakistan

FDI inflows surge 20% in 6 months

The Foreign Direct Investment (FDI) in Pakistan surged to US $1.056 billion in July-December (2021-22) compared to the FDI inflows of $879.7 million recorded during same period, a year ago, showing a growth of 20.1 percent. On year-on-year basis, the FDI rose to $218.7 million in December 2021 against $169.4 million recorded during the same… Continue reading FDI inflows surge 20% in 6 months

FDI increase by 16 percent on ‘Year on Year’ basis: Razak Dawood

ISLAMABAD, Oct 21 (APP): Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Thursday said that net Foreign Direct Investment (FDI) had increased by 16 percent on a Year on Year basis. “The net Foreign Direct Investment (FDI) has increased by 16 percent on a Year on Year basis FY 2021, and… Continue reading FDI increase by 16 percent on ‘Year on Year’ basis: Razak Dawood

Telecom sector attracts $202.34mln FDI during 2020-21

Briefing the media persons about performance of the telecom sector here, Chairman Pakistan Telecommunication Authority (PTA) General (Retd.) Amir Azim Bajwa Monday said “The telecom sector has contributed over Rs 218.8 billion to the national exchequer during the last financial year.” He said that teledensity (landline telephone connections per 100 people in a specified geographic… Continue reading Telecom sector attracts $202.34mln FDI during 2020-21

Exports’ increase imperative for sustainable economic development: PM

Imran Khan

NOWSHERA, May 28 (APP): Prime Minister Imran Khan here Friday said increase in exports was imperative for sustainable economic development and bolstering industrialization to generate employment opportunities and attract direct foreign investment (FDI). Addressing commercial launch of ‘Rashakai Special Economic Zone (RSEZ)’ project under CPEC the prime minister said RSEZ was a landmark project that… Continue reading Exports’ increase imperative for sustainable economic development: PM

Focus on targeted sectors led to higher economic growth: Economic Outlook

ISLAMABAD, May 28 (APP):Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilization during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May 2021. “It is expected that in coming years the economy will have… Continue reading Focus on targeted sectors led to higher economic growth: Economic Outlook

Sino-Pak economic cooperation to promote regional, global trade integration

Gwadar’s multiple mega projects under CPEC to be completed in 2022

ISLAMABAD, May 5 (APP): Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said Tuesday that bilateral economic cooperation between China and Pakistan would go long way in promoting regional and global trade integration. Talking to APP here, the advisor said that both the countries had already strengthened cooperation in various fields… Continue reading Sino-Pak economic cooperation to promote regional, global trade integration

Islamabad STZ to attract $100 million Investment in next 5 years: STZA

ISLAMABAD, Apr 23 (APP):Chairman, Islamabad Special Technology Zones Authority (STZA) Amer Hashmi on Friday said that the Islamabad Special Technology Zone (STZ) would attract $ 100 million Investment in the next 5 Years to contribute to the national economy. Chairman STZS said the first Technology Park in the Islamabad STZ based on 150 acres of… Continue reading Islamabad STZ to attract $100 million Investment in next 5 years: STZA

Fiscal stimulus improves economy, strengthens recovery prospects

ISLAMABAD, Apr 14 (APP): The government’s fiscal stimulus has succeeded in improving economic as well as social outlook, strengthening the prospects of the country’s economic recovery as indicated by various indicators. “The expectations of economic recovery are strengthening on the basis of improvement in business confidence evident from industrial growth,” official sources said adding the… Continue reading Fiscal stimulus improves economy, strengthens recovery prospects

Incentives for industry to boost economy bearing fruits

Anjum Ala Rana ISLAMABAD, Feb 7 (APP): In the modern world, industry in any country provides a foundation for economic growth and well being of people. The states and the government always desire vibrant industry to avoid recessions and stand firm even during odd times. For, this goal they put in all out efforts that… Continue reading Incentives for industry to boost economy bearing fruits

NHA attracts Rs 144 bln private sector investment for road

ISLAMABAD, Jan 22 (APP): National Highway Authority (NHA), during past one year, has successfully attracted private sector investment with projects worth over Rs. 144 billion surpassing the average annual Foreign Direct Investment (FDI) in Pakistan. Besides other benefits, the expected revenue earnings from these projects would be over Rs. 391 billion, an official of NHA… Continue reading NHA attracts Rs 144 bln private sector investment for road

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