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Facebook partners with Nayatel for first ever investment in Pakistan

Prime Minister Imran Khan’s efforts to attract foreign investment have started yielded results as tech giant Facebook has announced its first-ever investment in Pakistan.

The American firm has partnered with Nayatel to invest in fiber broadband to improve and expand connectivity in the country.

High-speed, reliable, and affordable broadband has become a basic household necessity as the coronavirus pandemic continues to affect millions across the globe.

Pakistan among top five countries with most investment in 2020

ISLAMABAD: Pakistan for the first time has become one of the five countries in the world with the most investment in the first half of 2020, a World Bank report said. "Pakistan had the fourth highest investment commitments, a new entrant to the top five countries this year with $1.9 billion of investment commitments, accounting for 0.69 per cent of GDP," the Private Participation in Infrastructure (PPI) 2020 Half Yearly Report said.

Chinese investment in Pakistan tops with $402.8m in 7 months

ISLAMABAD: Chinese investment in Pakistan tops with dollar 402.8 million during seven months of the current fiscal year.

According to a report published by Gwadar Pro, China’s vote of confidence in Pakistan’s economy deepens after China stays atop as the sole highest contributor of net foreign direct investment (FDI) when compared to other countries in Pakistan.

The net FDI inflow from China remains at dollar 402.8million which is touted highest in the list of inflows from other countries.

Foreign investors return to Pakistan Investment Bonds with $240m

KARACHI: Pakistan Investment Bonds (PIBs) attracted highest foreign investment of over $100 million in March alone, reflecting rising attraction for foreign investors keen to profit from returns up to 10 per cent.

The latest data issued by the State Bank of Pakistan on Wednesday showed that the foreign investors invested $240.69m in the PIBs during July-March FY21.

CPEC Industrial Cooperation Textile Business to Business (B2B) Webinar

The Prime Minister’s Office, Board of Investment, Pakistan, organized a “CPEC Industrial Cooperation Textile Business to Business (B2B) Webinar" in collaboration with China Council for International Investment Promotion (CCIIP) and China National Textile & Apparel Council (CNTAC) on Tuesday, 27th April 2021. The webinar offered a platform for analysis of industry trends, bilateral investment opportunities & potential collaborations between companies of the two countries. 

CPEC Industrial Cooperation Textile Business to Business (B2B) Webinar

The Prime Minister’s Office, Board of Investment, Pakistan, organized a “CPEC Industrial Cooperation Textile Business to Business (B2B) Webinar" in collaboration with China Council for International Investment Promotion (CCIIP) and China National Textile & Apparel Council (CNTAC) on Tuesday, 27th April 2021. The webinar offered a platform for analysis of industry trends, bilateral investment opportunities & potential collaborations between companies of the two countries. 

The Board of Investment (BOI) Islamabad presented Investment opportunities in CPEC during a webinar

22nd April 2021: The Board of Investment (BOI) Islamabad presented Investment opportunities in CPEC during a webinar jointly organized by Embassies of Pakistan & China in Jakarta. MOS/Chairman BOI, Ambassadors of Pakistan & China to Jakarta, Deputy Minister for Coordination & Mining, Chairman KADIN, DG NDRC, Deputy Chairman BKMP, Deputy Director CIECC were part of the webinar.