Foreign companies affiliated with the Overseas Investors Chamber of Commerce and Industry (OICCI) have invested more than $23 billion in Pakistan over the past decade, surpassing the country’s cumulative net foreign direct investment inflows of $21 billion during the same period.
The figures were highlighted in the OICCI Members’ Contribution to the Economy 2025 report released on August 10, 2026. The report provides an overview of the economic contribution made by foreign-invested companies operating in Pakistan, including their investments, business expansion, capital expenditure, revenues and payments to the government.
According to the report, OICCI member companies recorded a combined gross revenue of Rs13.1 trillion during FY2025, while their total assets reached Rs42 trillion. The companies also made Rs615 billion in capital expenditure during the year, reflecting continued investment in business operations, infrastructure and expansion. In addition, OICCI member companies contributed Rs3.2 trillion in government levies, underlining their significant role in Pakistan’s tax and revenue base. The report also assessed the performance of OICCI member companies listed on the Pakistan Stock Exchange. The analysis covered 51 listed companies and showed continued growth in profitability and turnover between 2021 and 2025.
Profit Before Tax of these listed OICCI members recorded a compound annual growth rate of 26% in rupee terms during the 2021 to 2025 period. This represented a moderation compared with the 35% growth recorded during the preceding reporting period. OICCI attributed part of the change to exchange rate movements and the higher base effect.
When measured in dollar terms, Profit Before Tax of the listed OICCI companies grew at a compound annual growth rate of 11% between 2021 and 2025. The performance indicates that foreign-invested companies continued to maintain business activity despite the economic pressures and changing market conditions during the period.
Turnover also increased during the reporting period. The listed OICCI members recorded a compound annual growth rate of 21% in rupee terms and 6% in dollar terms. The growth reflected continued expansion in business activity and profitability across the companies represented in the OICCI membership. The report highlighted that OICCI members have a substantial presence across several important sectors of Pakistan’s economy. The Oil, Gas and Energy sector accounted for 36% of the total government levies paid by OICCI member companies, making it the largest contributor to government payments among the sectors covered.
The Banking, Insurance, Finance and Leasing sector represented 75.6% of the total assets held by OICCI members and accounted for 25% of their overall turnover. The figures demonstrate the considerable scale of foreign-invested financial businesses operating within Pakistan. Telecommunications was another major contributor, accounting for 33% of the overall capital expenditure made by OICCI member companies. This made telecommunications the largest sectoral contributor to OICCI members’ CAPEX during the reporting period, highlighting the continued investment requirements associated with network infrastructure and the expansion of digital connectivity.
OICCI members operating in Food and Consumer Products, Chemicals, Pharmaceuticals and Healthcare, Automobiles, Engineering, Shipping and Airlines also made significant contributions to economic activity, demonstrating the broad sectoral footprint of foreign-invested companies in Pakistan. OICCI Secretary General M. Abdul Aleem said the report’s findings reflected continued investor confidence in Pakistan’s long-term economic prospects. He noted that OICCI member companies continued to reinvest in the country and expand their businesses despite challenging economic conditions.
Aleem said that the more than $23 billion invested by OICCI members over the past decade represented a strong vote of confidence in Pakistan’s future. He further stated that greater policy consistency, regulatory predictability and a more enabling business environment could create additional opportunities for foreign investors to contribute to economic growth, exports, innovation and employment. The report therefore places foreign-invested companies among the major contributors to Pakistan’s economic activity, with their investments, revenues, assets, capital expenditure and government payments reflecting the scale of their operations across key sectors.
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