Chinese power companies have significant share in Pak FDI, according to a report published by WealthPK. The report says, investment plays a significant role in the economic development of a country. In developing countries in particular, foreign direct investment (FDI) is the primary engine of economic growth. Pakistan receives FDI from different countries, such as China, the United States, Japan, Norway, the United Kingdom, Saudi Arabia, and Switzerland.
The target sectors for FDI include the power and energy sector, financial business, construction, transport, textiles, and trade. The power and energy sector of Pakistan, one of the major sectors, receives the bulk of FDI. Recently, the Government of Pakistan announced a new power policy offering different incentives for encouraging domestic and foreign investors to invest in the power and energy sector.—INP
