Experts say investment pledges are encouraging, but not innovation-driven

Appreciating Pakistan’s hospitality, the envoys agreed on the need to accelerate bilateral trade and investment flows, including through religious tourism, skills exchanges, and supply-chain partnerships. Photo: file

Despite the government's efforts to lure foreign direct investment (FDI) to stabilise a fragile economy, industry stakeholders believe that short-term inflows will remain episodic unless deep-rooted structural reforms are implemented to ensure long-term, innovation-based growth.

Local industry experts argue that the recent influx of investment pledges from China, the UAE and Belarus are encouraging, but not necessarily transformational.

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