Although, Chinese investment in the country has decreased by 31 percent, however, China is still the top contributor as its investment accounted for about 57 percent of the total foreign direct investment arrived during current fiscal year. Chinese investors invested some $754 million in the first six months of current fiscal year compared to $1.1 billion in the corresponding period of last fiscal year.
United Kingdom ranked second with net $116 million investment in July-Dec of FY19. However, during the period under review, investment from Malta declined by $70 million. The second component of foreign investment, ie, portfolio investment remained stagnant due to weak performance of the equity market. Portfolio investment stood negative $420 million, down 217 percent, in the first half of this fiscal year.
Total foreign investment, comprising FDI, portfolio investment and foreign public investment fell 77 percent. The country''s total foreign investment stood at $899.5 million in July-Dec of FY19 compared to $3.95 billion in July-Dec of FY18, the SBP reported.