KARACHI: The representatives of overseas business community have expressed its concerns over deceasing foreign direct investment (FDI) during the last financial year, when FDI fell 58 per cent to $0.7 billion in 2014-15 from $1.7 billion
Overseas Investors Chamber of Commerce and Industry (OICCI) President Atif Bajwa, in a press release, said that the situation shows that “potential overseas investors have not been able to shake off their negative perception of Pakistan despite recent stabilisation of the economic and security situation and improved business confidence within the country”.
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It seems that before committing medium- to long-term investments, foreign investors would like to see further evidence of improvement in policy implementation, transparency in governance, and sustained stability in the security environment, he added.
