FOREIGN INVESTMENT

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
July 12 - 18, 2010

COUNTRY WISE FDI INFLOWS ($ Million)

COUNTRY 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 JUL-MAY 10
USA 211.5 238.4 325.9 516.7 913.1 1,309.30 869.9 521.8
UK 219.4 64.6 181.5 244 860.1 460.2 263.4 274.9
U.A.E 119.7 134.6 367.5 1,424.50 661.5 589.2 178.1 204.4
Japan 14.1 15.1 45.2 57 64.4 131.2 74.3 24.1
Hong Kong 5.6 6.3 32.3 24 32.6 339.8 156.1 9
Switzerland 3.1 205.3 137.5 170.6 174.7 169.3 227.3 147.2
Saudi Arabia 43.5 7.2 18.4 277.8 103.5 46.2 -92.3 -103.9
Germany 3.7 7 13.1 28.6 78.9 69.6 76.9 49.3
Korea (South) 0.2 1 1.4 1.6 1.5 1.2 2.3 2.1
Norway 0.3 146.6 31.4 252.6 25.1 274.9 101.1 0.5
China 3 14.3 0.4 1.7 712 13.7 -101.4 -2.9
Others 173.9 108.6 369.3 521.9 1,512.20 2,005.20 1,964.20 904.2
Total 798 949 1523.9 3521 5139.6 5409.8 3719.9 2030.7
Privatization Proceeds 176 198.8 363 1540.3 266.4 133.2 0 0
FDI Excluding Pvt. Proceeds 622 750.2 1,160.90 1,980.70 4,873.20 5,276.60 3,719.90 2,030.70

SECTOR WISE FDI INFLOWS ($ Million)
Sector 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 July-10-May
Oil & Gas  186.8 202.4 193.8 312.7 545.1 634.8 775 53.9
Financial Business 207.4 242.1 269.4 329.2 930.3 1,864.90 707.4 153.8
Textiles 26.1 35.4 39.3 47 59.4 30.1 36.9 24.4
Trade 39.1 35.6 52.1 118 172.1 175.9 166.6 103.9
Construction 17.6 32 42.7 89.5 157.1 89 93.4 95.5
Power 32.8 -14.2 73.4 320.6 193.4 70.3 130.6 -17.1
Chemical 86.1 15.3 51 62.9 46.1 79.3 74.3 84.4
Transport 87.4 8.8 10.6 18.4 30.2 74.2 93.2 115.5
IT&Telecom 24.3 221.9 517.6 1,937.70 1,898.70 1,626.80 879.1 293.7
Others 90.4 170.1 274 285 1,107.20 764.5 763.4 1,122.70
Total 798 949.4 1,523.90 3,521.00 5,139.60 5,409.80 3,719.90 2,030.70
Privatization Proceeds 176 198.8 363 1,540.30 266.4 133.2 0 0
FDI Excl. Pvt. Proceeds 622 750.6 1160.9 1980.7 4873.2 5,276.60 3,719.90 2,030.70

FOREIGN INVESTMENT INFLOWS IN PAKISTAN ($ MILLION)

YEAR 

GREENFIELD INVESTMENT PRIVATIZATION PROCEEDS TOTAL FDI  PRIVATE PORTFOLIO INVESTMENT
2001-02  357 128 485 -10
2002-03  622 176 798 22
2003-04  750 199 949 -28
2004-05  1,161 363 1,524.00 153
2005-06  1,981 1,540 3,521.00 351
2006-07  4,873.20 266 5,139.60 1,820
2007-08 5,019.60 133.2 5,152.80 19.3
2008-09 3,719.90 - 3,179.90 -510.3
Jul-May-10 2,030.70 - 2,030.70 1,428.50
Total  20,514.40 2,805.20 22,780.00 3,245.00

DIRECT AND PORTFOLIO INVESTMENT ($ Million)

COUNTRY 

2009-2010 (JULY-MAY) 2008-2009 (JULY-MAY)
DIRECT PORTFOLIO TOTAL DIRECT PORTFOLIO TOTAL
PRIVATE PUBLIC PRIVATE PUBLIC
USA 521.8 439.2 . 961 806.2 -408.1 . 398.1
Netherlands 271.8 0.4 . 272.2 36 11.2 . 47.2
UK 274.9 5.9 . 280.8 234.7 -68.7 . 166
UAE 204.4 4.3 . 208.7 164 10 . 174
Switzerland 147.2 14 . 161.2 217.4 -24.3 . 193.1
Singapore 104.3 1.3 . 105.6 258.6 -35.1 . 223.5
Caymen Island -7.7 . . -7.7 71.6 . . 71.6
Germany 49.3 0.3 . 49.6 68 0.1 . 68.1
Other  464.7 74 . 538.7 1,474.60 -46.1 . 1,428.50
Debt Securities . . . . . . . .
GDRs . . -673.2 . . . -542.6 -542.6
Total 2,030.70 539.4 -673.2 1,896.90 3,331.10 -561 -542.6 2,227.50

PAKISTANíS ECONOMIC INDICATORS

INDICATORS FY09

FY10

ANNUAL PLAN TARGETS PROJECTIONS
GDP (%) 2.0 3.3 2.5-3.5
Average CPI Inflation (%) 20.8 9.0 10.0 - 12.0
PERCENT OF GDP
Fiscal deficit 5.2 4.9 4.7-5.2
Current account deficit 5.3 5.3 4.7-5.2

INTEREST RATES IN PAK (%)

MONTHS/ YEARS RATE
18-Nov-02 7.5
11-Apr-05 9
29-Jul-06 9.5
1-Aug-07 10
31-Jan-08 10.5
23-May-08 12
30-Jul-08 13
13-Nov-08 15
15-Aug-09 13
25-Nov-09 12.5