23-06-2005

Pakistan Foreign Investment Crosses $1 Billion

via www.dawn.com

The foreign direct investment in Pakistan crossed $1 billion mark during the first 11 months of the current fiscal year, showing an increase of 14 per cent over the same period last year. Financial business emerged as the leading sector to attract direct investment from abroad with $214 million, followed by oil and gas $189.6 million, and the communication sector $171.7 million. The power sector attracted $67.4 million and the chemical sector $40.5 million.