PBIF says Govt policies boost up confidence of investors.

Karachi -- President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the the confidence of investors is improving which is resulted in improved foreign investment but it will not jump to a satisfactory level unless weaknesses in the system are not addressed.

Talking to the business community, he said that economy can be improved if FPCCI starts playing an active role. He said that that foreign direct investment has jumped by 78 percent during the first five months of this fiscal to $1.156 billion while $326 million was repatriated during this period.

Zahid , who is also former minister noted that the flow of investment from Norway and China was 56 percent of the whole while the telecommunications sector attracted 280 million dollars.

The financial business attracted $131 million, power sector investment remained $54 million while the construction sector investment which was $243 million during the first five months of the last year dipped to 7.5 million dollars.

However, he noted that interest of the Prime Minister Imran Khan to...

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