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Pakistan witness sharp drop in FDI may face a serious dent in textile exports

Related Keywords: FDI, foreign importers, global investor, international market, Pakistan textile industry, textile export

According to the State Bank report, there is 80 percent decline in the FDI, in July FDI dropped to just $24 million from $119m in the same month last year.

With Pakistan facing sharp decline in FDI, it is likely to break the confidence of foreigners willing to invest, particularly while the neighbouring India looks more attractive with $28 billion FDI in 2013.

The government has already completed 14 months in power, in fact struggling hard to invite foreign investors. But the result seems extremely poor so far.

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