Islamabad: The investment inflows in the country are expected to grow by 17% of Gross Domestic Product (GDP) for this year, as per a news report. This is attributed to ease of doing business, affordable energy supply, and high prospects for investment, according to the official government sources.
The spillovers from the China Pakistan Economic Corridor investment in different sectors are expected to catalyse private sector investment and foster public-private partnership. The technological innovation and interaction of Chinese and Pakistani businesses have improved productivity in all sectors, which is likely to contribute to this figure.
During the last fiscal year 2017-2018, total investment was recorded at 16.4%, whereas during 2016-2017 it was recorded at 16.1%. During the last fiscal year, the growth in construction sector and associated industries contributed to this increase and in this year it is expected to further accelerate growth.
