Pakistan registers 91% growth in FDI mainly in power projects under CPEC: Prof. Zhou
Last updated on: 27 July,2020 01:23 pm
Pakistan registers 91% growth in FDI mainly in power projects under CPEC: Prof. Zhou
ISLAMABAD (Web Desk) - Renowned Chinese scholar Prof. Zhou Rong has said the overall ninety one percent growth in Foreign Direct Investment (FDI) in Pakistan got major support from an increase in Chinese investment, mainly in power projects under CPEC.
In his article published by China Economic Net, he said the return of stability to the financial health of global firms is must to attract new foreign investment in Pakistan.
He said Pakistani government has set a deadline of 2022 to put in place the whole system which will be implemented at a cost of 67 million US dollars.
He said economic operators incurred over 500 million US dollars in Pakistan than their counterparts in South Asia to comply with the government’s regulations on imports, exports and transit trade in current year.