WEB DESK: The State Bank of Pakistan (SBP) has acknowledged a notable rise in foreign direct investment (FDI), crediting the Special Investment Facilitation Council (SIFC) for creating policies that have boosted investor confidence and contributed to economic stability.
According to the central bank’s latest data, the energy sector attracted the highest level of foreign investment in September, recording inflows worth USD87 million. The financial services and food processing sectors followed with USD66.58 million and USD25.3 million, respectively.
The SBP report showed that during the first quarter of the current fiscal year, the energy sector remained the top recipient of foreign investment, reflecting growing investor interest in Pakistan’s power and infrastructure industries.
“The increase in foreign investment, particularly in the energy and other key sectors, will play a vital role in supporting industrial growth and strengthening the country’s overall economic stability,” the central bank said.
Officials noted that the improvement comes amid ongoing reforms aimed at simplifying investment procedures and enhancing coordination among federal and provincial bodies under the SIFC framework, which was established to fast-track foreign investment projects in strategic sectors.