China led as the largest foreign investor in Pakistan during December 2025, contributing a net direct investment of $62 million. It was followed by Hong Kong and the United Kingdom, which invested $30.9 million and $20.15 million, respectively, according to data from the State Bank of Pakistan (SBP).
Over the first half of FY2025 (6MFY25), China maintained its position as the top investor with a net FDI of $535.51 million, followed by Hong Kong at $134.32 million and the United Kingdom at $130.08 million.
Total foreign direct investment (FDI) during 6MFY25 reached $1.33 billion, marking a 19.97% year-on-year increase compared to $1.11 billion recorded in 6MFY24.
China accounted for 40.29% of Pakistan’s total FDI during 6MFY25, with its investments growing by 48.15% year-on-year, rising from $361.47 million in 6MFY24.
Hong Kong contributed $134.32 million (10.11% of net FDI) during 6MFY25, reflecting a year-on-year growth of 14.37% compared to $117.44 million in the same period last year.
The United Kingdom was the third-largest investor during 6MFY25, contributing 9.79% of total FDI with $130.08 million, an increase of 9.85% year-on-year.
Other significant investors during 6MFY25 included Switzerland, with a net FDI of $100.06 million, along with others and France contributing $78.92 million and $72.67 million, respectively.
Foreign portfolio investment (FPI), representing equity market investments, recorded a negative $230.47 million during December.
Cumulatively, FPI reflected a divestment of $81.78 million in 6MFY25, compared to an investment of $71.06 million in the same period last year. The United States emerged as the top portfolio investor, contributing $8.45 million in December and $120.69 million during 6MFY25.
Total foreign investment in December amounted to $60.68 million. Cumulatively, foreign investment in 6MFY25 was reported at $1.25 billion, compared to $1.18 billion during the corresponding period last year.
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