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OICCI members invest over $23bn in Pakistan in decade, exceed net FDI inflows

Foreign companies belonging to the Overseas Investors Chamber of Commerce and Industry (OICCI) have invested more than $23 billion in Pakistan over the past decade, exceeding the country’s cumulative net foreign direct investment (FDI) inflows of $21 billion during the same period. The findings were shared in OICCI’s Members’ Contribution to the Economy 2025 report released on Monday,…

OICCI members invest over $23bn in Pakistan in decade, exceed net FDI inflows

Foreign subsidiaries of the Overseas Investors Chamber of Commerce and Industry (OICCI) have poured more than $23 billion into Pakistan over the past ten years, surpassing the nation's total net foreign direct investment (FDI) flows of $21 billion in the same timeframe, according to OICCI's Members' Contribution to the Economy 2025 report.

This report, released on Monday, underscores the steadfast dedication of these foreign-backed enterprises to broaden their operations, reinvest earnings, and bolster Pakistan's long-term economic expansion.

The report revealed that OICCI-affiliated entities amassed a combined gross revenue of Rs13.1 trillion in FY2025, controlled assets totaling Rs42 trillion, allocated Rs615 billion for capital expenditure (CAPEX), and contributed Rs3.2 trillion in government levies. Furthermore, the report emphasized the resilience of OICCI-listed companies on the Pakistan Stock Exchange (PSX).

Their profit before tax (PBT) demonstrated a 26% compound annual growth rate in rupee terms from 2021 to 2025, compared to 35% in the preceding period. PBT increased 11% in dollar terms, while turnover grew 21% in rupee terms and 6% in dollar terms.

OICCI's coverage encompasses 51 listed member companies, underscoring the profitability and operational resilience of foreign-invested businesses amidst a challenging economic climate. Their presence spans across key economic sectors, with the oil, gas, and energy industry contributing 36% to total government levies, while banking, insurance, finance, and leasing accounted for 75.6% of total assets and 25% of total turnover.

The telecommunications sector contributed 33% to total CAPEX, and businesses in food and consumer products, chemicals, pharmaceuticals, healthcare, automobiles, engineering, shipping, and airlines also made significant contributions.

M. Abdul Aleem, OICCI Secretary General, asserted that the report's findings reaffirmed the confidence of member companies in Pakistan's future economic prospects. "Our members have consistently reinvested in the country, expanded their operations, and continued contributing to national development despite economic challenges," Aleem stated.

He highlighted that the cumulative investment of over $23 billion over the past decade served as a significant endorsement of Pakistan's economic potential. Aleem further suggested that enhanced policy consistency, regulatory predictability, and a conducive business environment could enable foreign investors to make an even more substantial contribution to economic growth, exports, innovation, and employment.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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