Business Services Industry
PAKISTAN BOARD REPORTS SHARP RISE IN FDI.
AsiaPulse News, November, 2002
ISLAMABAD, Nov 19 Asia Pulse - The flow of Foreign Direct Investment (FDI) into Pakistan during July-October 2002 has increased by 234 per cent as compared to the corresponding period of the previous year, Board of Investment sources said.
The sources said that during October this year, the inflow of FDI amounted to US$229 million.
The inflow of FDI during July-October, 2002 is US$399.1 million against US$119.6 during the same period of last year.
The major sector which attracted sizeable FDI during the period are financial businesses ($156 million), chemical ($76.7 million), oil and gas ($54 million), transport ($30 million) and trade ($15.5 million).
The shares of major sector are financial businesses 39 per cent, chemical 19 per cent,...
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