Pakistan's FDI slips in July 2019

Pakistan received foreign direct investment (FDI) of US$168.4m in July 2019, compared to US$264.6m received in July 2018. This represents a fall of 36.4 per cent YoY.

The drop in FDI also affected investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement attracted investment of US$4.1m and construction sector US$1.1m, compared to US$4.1m and US$54.7m in July 2018. Therefore, the Pakistani government is increasing its efforts to attract sufficient FDI in the remaining months of the financial year.