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FDI increases by 88pc during FY20

FDI increases by 88pc during FY20

KARACHI: Foreign direct investment during June stood at US$ 175 million compared to net inflow of US$ 102 million during June 2019.

During FY20, FDI has witnessed an increase of 88% to US$ 2.561 billion against $13 billion in FY19.

China remained the largest investor with net FDI of US$ 844 million during FY20 compared with US$ 131 million during same period last year.

Norway was second largest investor with net FDI of US$ 402 million during FY20 compared with net investment of US$ 116 million during same period last year.