ISLAMABAD: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 US$218.7 million in December 2021 against US$169.4 million recorded during the same month of the preceding year, according to the data released by State Bank of Pakistan (SBP).
The country-wise data shows that China remained the top country posting US$306.7 million FDI during first half of current fiscal year compared to the investment worth of US$389.8 million recorded during same period of last year.
The United States was the second largest country with investment of US$149.3 million during the period under review against the net investment of US$68.7 million recorded during first half of the fiscal year 2020-21.
The foreign investment from Netherlands posted a growth of 184 percent as it rose to US$124.5 million from US$43.7 million during July-December 2020-21.
Foreign direct investment from Hong Kong also surged to US$110.9 million in the first six months of current fiscal year against the investment of US$84.9 million during same period of the previous year.
Similarly, the FDI from Germany was recorded at US$47.7 million during the corresponding period of current fiscal year compared to the investment of US$24.2 million during same period of last year.
Investment from France increased from just US$0.5 million in Jul-Dec 2020-21 to US$30.1 million during the same period of current fiscal year.
The sector wise data shows that US$364 million worth of foreign direct investment came into power sector during first six months of current fiscal year followed by the financial business in which US$206 million of investment was recorded while investment in communication sector was recorded at US$147 million during the period under review.