Pakistan more attractive investment destination than China and India

[INDIC]

look what you are costing to american money in the name of afghan FDI

FDI always come from Western countries particularly America, what is special about it

 

[W.11]

Where do you live in Afghanistan fancy boy?

Within 2 years Afghanistan's FDI will skyrocket from currently $4~ bln to more than $20 bln and counting; US/UK/CHINA/INDIA/TURKEY all are investing in numerous mines and mineral projects.

And regarding Afghani currency, last time when I paid Afghanis to a taxi driver, karayee seller and bribe to police in Peshawar they happily accepted it because it values double than the Pakistani Rupees!

no seriously why is pakistani ruppee used in kandahar

and dont use your cheap words here like bribe etc etc, as if afghanis dont except bribe, every people of poor nation does

 

[KRAIT]

TheNewsTribe is not a trustworthy source, not at all. Anyway, speaking of the ground realities, the situation about FDI in Pakistan has completely collapsed after the departure of Musharraf... and with such outstanding brains calling the shots in Pakistan since then for over 4-years now, TheNewsTribe has the guts to go ahead with such monstrous lie... what a joke!

Don't agree with this. Recently a German Solar energy company has proposed to invest in Pakistan. I know you will argue that these proposals don't come to fruition but in reality many industries are settling in Pakistan.

 

[problemfreeleader]

This should have been done yrs ago.......

 

[Sinnerman108]

We can't do anything with the trillions dollars worth mines and minerals but to contract them out for the time being! in return we are having infrastructure, power, labor, industry, good economy etc..

No doubt this is by the extremely generous courtesy of Mr. Karzai!



I am not counting the American dollars in Afghanistan if so it surpasses Pakistan's by 10s of times.

How I hope there was an alternative ....

 

[W.11]

One point people should also keep in mind that an industrialized, economically strong and growing Pakistan is good for the region. If Pakistan destabilizes, the things won't be good for India, Afghanistan or even China.

and vice versa i agree

 

[SpArK]

TheNewsTribe is not a trustworthy source, not at all. Anyway, speaking of the ground realities, the situation about FDI in Pakistan has completely collapsed after the departure of Musharraf... and with such outstanding brains calling the shots in Pakistan since then for over 4-years now, TheNewsTribe has the guts to go ahead with such monstrous lie... what a joke!

That is absolutely correct.The FDI touched its peak level of $5.41 billion in 2007-08.

Now its just $741.5 million.

The total foreign direct investment received from different countries totalled $741.5 million .

Country-wise the largest direct investment of $233 million was received from the United States followed by Italy which invested $200 million.

Pakistan received a total $274.8 million worth of foreign investment form the US, $114.8 million from the United Kingdom, $141.6 million from Switzerland, $68.8 million from Austria and $53.6 million from the UAE, respectively .

Full-year foreign direct investment falls by over 50 percent - thenews.com.pk

What is interesting is among the above article is the absence of the name of China, the largest economy . Unbelievable or the news.pk dont have the data ???

 

[national_crisis]

Despite rules on paper FDI is declining in Pakistan and increasing in India. Time to wakeup and think!

 

[SpArK]

What is interesting is among the above article is the absence of the name of China, the largest economy . Unbelievable or the news.pk dont have the data ???

Ok I asked where is China???

China is spending billions in Afghanistan.

To date, Aynak is the biggest private investment in Afghanistan and China's biggest investment in the country, said the policy head of the Afghan Ministry of Mines, Ghazaal Habibyar.

The deal is expected to generate US$541 million per year for the Afghan government from 2016, create 5,000 jobs and bring in infrastructure investment, according to the World Bank.

The Chinese consortium is granted the right to a copper deposit estimated to contain 240 million tonnes of material with a reported value of US$43 billion.

In return, the consortium provides investment worth at least US$2.9 billion, including payment totalling US$808 million in three instalments plus investment in projects like the construction of a railway, a power plant and water supply.
China takes a bold step in Afghanistan | South China Morning Post

Giving free money to central asia

China to expand C.Asian presence with $10 bln in loans | Reuters


But as many thread suggested Pakistan having huge resources and all , not much FDI was reported from China, not even on a smaller scale of what they spend nowadays in Africa . But still US is spending . Interesting facts and find.

Is Afghanistan more safer than Pakistan?

 

[Sher Malang]

Despite rules on paper FDI is declining in Pakistan and increasing in India. Time to wakeup and think!

And having a close eye Afghanistan has very recently proposed a new plan to boost FDI, finance ministry has announced free land and very low tax for new investors in Afghanistan.

 

[Areesh]

Afghanistan is doing well than Pakistan in FDI search it yourself! facts are hard to accept.

You are also providing job opportunities to thousands of men of USA and Europe. If it wouldn't be Afghanistan there respective governments would have cut down the size of their armies to save the expenses. You should be proud of it.

 

[Azazel]

We are a developed nation and soon will lead from the front in all ways.

Sometimes you have to slip in a little to make it easy, but our climate is very good for business.

so beware indians, dont believe we wont beat you in money too like we beat you in war.

 

[Gandhi G in da house]

I really dislike the notion that people especially from India ignore the ground reality is that even with all the problems Pakistan is facing, with all the power shortages and terrorism, it is growing at modest rate. I agree it is not a good rate but still considering the state of the govt., constant bad publicity, terrorist attacks, many industries are doing better than expected in these conditions.

Another point is that many people have a wrong nation that Pakistan is a failed or a failing state. It is going through a tough times with all the problems piling up one by one but we should also keep the fact in mind that they were developing quite good few decades ago. This attitude of ours especially underestimating Pakistan's potential can be hazardous for us.

One point people should also keep in mind that an industrialized, economically strong and growing Pakistan is good for the region. If Pakistan destabilizes, the things won't be good for India, Afghanistan or even China. Its important that even if we don't increase economic ties with Pakistan, we should at least expect that things get stabilized especially in terms of economy and social field.

Pakistan has potential , nobody is denying that. I mean, after all they were growing faster than us for the first 45 years after independence.

But at this stage , the kind of statement that this person has made is nothing but laughable to the say the least.

 

[gslv mk3]

load shedding is happening even in mumbai, sir what are you talking about?

In mumbai???lol!!!

 

[AstanoshKhan]

Don't agree with this. Recently a German Solar energy company has proposed to invest in Pakistan. I know you will argue that these proposals don't come to fruition but in reality many industries are settling in Pakistan.

When our own textile industry is looking to move their business to Bangladesh or elsewhere what would make foreign companies coming over to Pakistan for investment? There're too many complexities involved at the Govt. level to start off a new business here in Pakistan. Even for instance if you go to the chamber of business and commerce office and would like to register your firm, then you'll get an idea how hard it is to even register your company - without bribes, commission and kickbacks nothing works in Pakistan.