LAHORE:

The Pakistan Industrial and Traders Association Front (PIAF) has cautioned that Pakistan's overdependence on energy-focused foreign investment is holding back broader economic growth, calling on policymakers to expand investment opportunities in mining, manufacturing, IT, and other underdeveloped sectors.

PIAF Patron-in-Chief Mian Sohail Nisar said that heavy concentration of foreign capital in a single sector is concerning. "Foreign investors continue to channel funds primarily into energy, but Pakistan has far greater potential in mining, information technology, and value-added manufacturing," he said.

Over the past 10 years, FDI into Pakistan has ranged from $2 billion to $3 billion annually, with roughly 35% directed to the power sector, underscoring the need for diversifica

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