FDI declines in cement and construction industry in 6MFY19

Pakistan received a total foreign direct investment (FDI) of US$1.31bn during the first six months of FY18-19 (July -Dec), compared to US$1.63bn received in corresponding months of last fiscal year. This translates a YoY fall of 19.17 per cent, says the State Bank of Pakistan (SBP).
 
Out of which, Pakistan's cement and construction industry received foreign direct investment (FDI) of US$312.1m during the six months of FY18-19 (July -Dec), compared to US$380.50m received in corresponding months of last fiscal year. This translates a YoY fall of 18.08 per cent.
 
The breakdown shows that cement industry attracted FDI of US$24.3m and the construction industry US$287.8m during this period compared to US$29.06m and US$350.90m, respectively in July 2017-Dec. 2018.