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Daily Times
July 2, 2021
When China embarked on its great quest for development through investment, the edifice of the massive foreign direct investment (FDI) was originally founded on the committed stream of investment by the diaspora abroad. In Pakistan’s case, however, the FDI remains low despite various endeavours. The key to spurring investment here would be involving its nine million-strong diaspora. But for that, quashing fears about investment in Pakistan is a must.
Unfortunately, this perception is based on facts rather than myths. Land grabbers and “qabza mafias” have spread their tentacles in most institutions of the state. While Prime Minister Imran Khan has instructed Pakistan’s diplomatic missions abroad to ensure the facilitation and welfare of our expatriate communities, the fact is that most of their serious complaints are about the security of their assets back home, particularly in real estate.