Country received $14,288.7 mln FDI in five years: NA informed


ISLAMABAD: The National Assembly was informed on Monday that the country received $14,288.7 million in Foreign Direct Investment (FDI) during the last five years.

“Yes, the government has succeeded to attract foreign investment in the country. During the period 2013-17, the foreign direct investment inflows amounting to $14,288.7 million have been received,” the minister in-charge of the PM Office said in a written reply.

Foreign investment stood at $2,665.3 million, $2,847.4 million, $2,797 million, $3,165.2 million and $2,813.8 million in the years 2012-13, 2013-14, 2014-15, 2015-16 and 2016-17 respectively.

Due to a lack of quorum in just eight minutes after the start of business at 3:35 PM, National Assembly Deputy Speaker Murtaza Javed Abbasi suspended the House proceedings.

Ghulam Mustafa Shah of PPPP pointed out the quorum as the question-answer session started.

The deputy speaker asked for the member-count and suspended the proceeding till the quorum was completed, saying: “The House is not in order and the proceeding is suspended till completion of the quorum.”

Earlier, the House offered Fateha for martyrs of a blast in which Bajaur’s Political Tehsildar Fawad Ali and his four companions lost their lives, and for late Rana Taj Ahmed Noon, who was a former parliamentarian. Muhammad Khan Sherani led the Fateha.