ISLAMABAD – Pakistan has attracted approximately $50 million in foreign direct investment (FDI) during fiscal year 2024–25, thanks to 69 merger and acquisition (M&A) transactions approved by the Competition Commission of Pakistan (CCP). These deals span diverse sectors including food, finance, logistics, aerospace, media, and e-commerce, reinforcing investor confidence and promoting fair competition.
Key foreign investments include:
- A joint venture between National Logistics Corporation (NLC) and DP World Logistics, facilitated by the Special Investment Facilitation Council (SIFC)
- Bazaar Technologies’ acquisition of Wemsol in the e-commerce sector
- Italy’s Euricom acquiring 50% of Fatima Euricom Rice Mills
- Saudi Arabia’s Wakeb Data Company securing an 80% stake in drone firm Woot Tech
- Berkeley Square Holding taking 50% ownership in Ogilvy & Mather, Mindshare, and Soho Square Pakistan
In addition to foreign deals, CCP approved 64 domestic M&A transactions across retail, logistics, energy, manufacturing, and services. Notable local moves include:
- Asyad Holding acquiring 77.42% of Shell Pakistan via UAE-based Wafi Energy
- Sapphire Fibres and Mindbridge jointly acquiring Uch Power and Uch-II Power
- Alfalah Asset Management taking over Faysal Asset Management’s fund rights
- PPR Holding gaining full control of SadaPay Technologies
- Nimir Industrial Chemicals acquiring Procter & Gamble Pakistan’s assets
The CCP also granted 38 conditional exemptions under the Competition Act 2010, supporting growth in sectors like automotive, pharmaceuticals, telecom, banking, and packaging.
These approvals highlight Pakistan’s evolving investment landscape and the CCP’s pivotal role in fostering economic growth through transparent and competitive regulatory practices.
