Between the middle of July and the middle of October, 194 new enterprises pledged a total of Rs 146 billion in investment.

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the first quarter of the current fiscal year, the country pledged investment worth Rs 146 billion, representing a 12% increase over the previous quarter.

According to the Department of Industry’s (DoI) data, a total of 194 enterprises, including both local and international firms, promised the aforementioned sum between the middle of July and the middle of October this year. There are 107 foreign direct among them, with the 87 being domestic corporations.

According to the Department of Industrial Policy and Promotion, local enterprises have requested a total investment of Rs 122 billion. Domestic investors registered a total of 26 major, 34 medium, and 27 minor industries during this time period.

the same vein, foreign corporations have committed to investing Rs 24 billion. They have set a goal of employment opportunities to 7,195 individuals.

 

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