ISLAMABAD: Pakistan Economy Watch (PEW) on Tuesday said the economy of Pakistan is stabilising which is apparent from the increased interest of foreign investors.
All possible facilities are being provided to local and foreign investors and laws have been improved which has helped the country attract 536 million dollars of foreign investment in one day, said Chairman Brig. Muhammad Aslam Khan (Retd).
Talking to Imran Khan, a UK based investor who is visiting Pakistan, he said that Pakistan has attracted 2.23 billion dollars of foreign investment in the last seven months beating all expectations.
He said that the total foreign investment can jump to five billion dollars by the end of the current year which will help improve the economy.
Brig. Muhammad Aslam Khan noted that the majority of the foreign investors are reinvesting their profits in Pakistan as they are getting almost twenty percent more profit in Pakistan as compared to their own countries.
Initially the US and UK investors started investing in Pakistan which was followed by other countries including UAE, Bahrain, Luxemburg etc. the credit of which goes to the government and foreign banks operating in Pakistan.
At the occasion, Imran Khan, CEO of IK Collections said that his parents belong to Pakistan and he has a special place for this country in his heart.