Karachi April 19 2022: Foreign direct investment (FDI) during March 2022 witnessed net outflow USD 30 million for the first time since November 2020, compared to net inflow of USD 173 million during March 2021.
During 9MFY22, net FDI decreased by 2 percent YoY to USD 1,285 million.
During March 2022, net inflow from Switzerland witnessed at USD 12.9 million followed by USD 12.3 million from U.A.E.
China’s share in FDI remained the highest investors with a share of 26 percent during 9MFY22 to USD 334 million compared with USD 642 million during same period last year. Net inflow from United States remained at USD 183 million during 9MFY22 compared with USD 97 million during same period last year.
During March 2022, major outflow was witnessed from Norway of USD 71 million. Net outflow of USD 37 million is witnessed from Norway during 9MFY22 followed by USD 9 million from Philippines and USD 8.9 million from Japan.
During 9MFY22, net inflow in power sector remained USD 489 million followed by Financial Business Sector (USD 323 million) and Oil & Gas Explorations Sector (USD 180 million).
In Power sector, during 9MFY22 net inflow in Coal based power plants reached to USD 269 million compared to net inflow of USD 457 million during same period last year.
Telecommunications, Beverages and Petroleum Refining sector witnessed a net out flow of USD 81.2 million, 22.9 million and USD 12.6 million during 9MFY22, respectively.