For the Financial Year 2016 - 2017, Netherlands emerged as the second biggest investor in Pakistan in terms of FDI. What was the main reason for that?
For the Financial Year 2016 - 2017, Netherlands emerged as the second biggest investor in Pakistan in terms of FDI. What was the main reason for that?
مالی سال 2016-2017 کے لیے، نیدرلینڈز ایف ڈی آئی کے لحاظ سے پاکستان میں دوسرا بڑا سرمایہ کار بن کر ابھرا۔ اس کی بنیادی وجہ کیا تھی؟
Explanation
FrieslandCampina, a Dutch dairy company, acquired a 51% stake in Engro Foods Limited, a Pakistani food and dairy company.
This acquisition was the main reason for the Netherlands emerging as the second-largest investor in Pakistan in terms of FDI for the financial year 2016-2017.