Foreign Investment up by 137%

[sTaLkEr]

Re: Foreign Investment up by 137%

@schine

I'm afraid foreign direct investment can do good as well as bad. If you compare Pakistan to India which is always the case, Pakistan always was one ste ahead in terms of Foreign Direct Investment and has always encouraged it. So why is it good? Well, this kind of investment allows the workers to become skilled. There is always a demand for skilled workers. The bad points are that relying solely on foreign direct investment eliminates the creation of local industries and when for whatever reason foreign direct investment ceases to continue, the country comes to an abrupt HALT. It is therefore, best to encourage foreign direct investment in association with building the local industry to allow planning for the future. This way foreign dirct investment can be controlled and can be beneficial.

Interesting points there but you have to keep in mind what equally important is the kind of onvestors you're attracting, whether they have any sort of long term comomitments with your nation or are they there for purely short term gains. They've apaprently managed to get assurances from these folks now that they'd be in there for the longer term -- like the Karachi based investement worth $30 Billion or so which will take place over a 10 year period or so. And on the other points some other posters have touched on, investment is crucial for ANY country. It's the only way to get capital which our internal investors lack. Furthermore, it signals confidence in the country's future economic prospects, and indeed the way it's looking out now is that the government has played its cards right as far as the handling of the economy is concerned.