FOREIGN INVESTMENT IN PAKISTAN

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Jan 4 - 10, 2010

SECTOR WISE FDI INFLOWS ($ Million)
SECTOR 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Jul-Nov 09
Oil & Gas  186.8 202.4 193.8 312.7 545.1 634.8 775 207.3
Financial Business 207.4 242.1 269.4 329.2 930.3 1,864.90 707.4 18
Textiles 26.1 35.4 39.3 47 59.4 30.1 36.9 9.3
Trade 39.1 35.6 52.1 118 172.1 175.9 166.6 33.3
Construction 17.6 32 42.7 89.5 157.1 89 93.4 42.6
Power 32.8 -14.2 73.4 320.6 193.4 70.3 130.6 77.6
Chemical 86.1 15.3 51 62.9 46.1 79.3 74.3 56.9
Transport 87.4 8.8 10.6 18.4 30.2 74.2 93.2 47.3
Communication 24.3 221.9 517.6 1,937.70 1,898.70 1,626.80 879.1 56.2
Others 90.4 170.1 274 285 1,107.20 764.5 763.4 225.5
Total 798 949.4 1,523.90 3,521.00 5,139.60 5,409.80 3,719.90 774
Privatisation Proceeds 176 198.8 363 1,540.30 266.4 133.2 - -
FDI Excluding Pvt. Proceeds 622 750.6 1160.9 1980.7 4873.2 5,276.60 3,719.90 774

COUNTRY WISE FDI INFLOWS ($ Million)

COUNTRY 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 JUL-NOV 09
USA 211.5 238.4 325.9 516.7 913.1 1,309.30 869.9 262.7
UK 219.4 64.6 181.5 244 860.1 460.2 263.4 88.5
U.A.E 119.7 134.6 367.5 1,424.50 661.5 589.2 178.1 69.3
Japan 14.1 15.1 45.2 57 64.4 131.2 74.3 7.1
Hong Kong 5.6 6.3 32.3 24 32.6 339.8 156.1 0.2
Switzerland 3.1 205.3 137.5 170.6 174.7 169.3 227.3 32.4
Saudi Arabia 43.5 7.2 18.4 277.8 103.5 46.2 -92.3 1.5
Germany 3.7 7 13.1 28.6 78.9 69.6 76.9 14.9
Korea(South) 0.2 1 1.4 1.6 1.5 1.2 2.3 1
Norway 0.3 146.6 31.4 252.6 25.1 274.9 101.1 0
China 3 14.3 0.4 1.7 712 13.7 -101.4 0
Others 173.9 108.6 369.3 521.9 1,512.20 2,005.20 1,964.20 296.4
Total 798 949 1523.9 3521 5139.6 5409.8 3719.9 3719.9
Privatisation 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 3,719.90

DIRECT AND PORTFOLIO INVESTMENT ($ Million)

COUNTRY  JUL-NOV 09 JUL-NOV 08
DIRECT PORTFOLIO TOTAL DIRECT PORTFOLIO TOTAL
PRIVATE PUBLIC PRI. PUB.
USA 262.7 205.1 - 467.8 345.4 -98 - 247.4
U.K 88.5 60.7 - 149.2 114 -41.8 - 72.2
Netherland 75 1.8 - 76.8 18.9 3.2 - 22.1
UAE 69.3 -0.3 - 69 24.5 4.3 - 28.8
Cayman Island 45 0 - 45 -24.6 0 - -24.6
Singapore 41.1 1.3 - 42.4 222.4 -2 - 220.4
Switzerland 32.4 9.3 - 41.7 70.4 -28.7 - 41.7
Australia 23.9 -2.7 - 21.2 31.3 -3.2 - 28.1
Other  136.1 42.9 - 179 818.4 20.1 - 838.5
Debt Securities - - -6.8 - - - -16.8 -
GDRs Total 774 318.1 -6.8 1,085.30 1,620.70 -146.1 -16.8 1,457.80

FOREIGN INVESTMENT INFLOWS IN PAKISTAN ($ Million)

YEAR  GREENFIELD INVESTMENT PRIVATISATION 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-Nov 09 774 - 774 318.1
Total  15,537.80 2,805.20 18,343.40 2,645.40

LIQUID FOREIGN EXCHANGE RESERVES (MILLION US$)

END PERIOD NET RESERVES WITH SBP NET RESERVES WITH BANKS TOTAL LIQUID FX RESERVES
1998-99 1,672.7 616.5 2,289.2
1999-00 997.0 976.6 1,973.6
2000-01 1,688.9 1,542.6 3,231.5
2001-02 4,337.4 2,098.2 6,435.6
2002-03 9,529.1 1,240.6 10,769.7
2003-04 10,563.9 1,825.4 12,389.3
2004-05 9,804.7 2,792.9 12,597.6
2005-06 10,765.2 2,357.2 13,122.4
2006-07 13,345.4 2,301.8 15,647.2
2007-08 8,577.0 2,821.7 11,398.7
2008-09 9,117.9 3,307.3 12,425.2