Pakistan's FDI increases manifold
August 15, 2007 00:00:00
SIALKOT, Aug 14 (APP): Federal Privatisation and Investment Minister Zahid Hamid has said that with increased economic growth in the country, the pace of foreign investment has increased manifold in the last few years.
In an interview with the news agency here yesterday, he said the government has formulated investment-friendly policies aimed at providing even business opportunities to foreign and overseas Pakistanis to invest in Pakistan.
"Due to positive economic policies, foreign investment here today is touching over $8.4 billion, with direct foreign investment (DFI) accounting for $ 5.1 billion, a record in the country's history," he said.