Foreign companies have injected over Rs40 billion into Pakistan's economy in recent years, even as a wave of new entrant's signals renewed-if uneven-investor interest across key sectors. According to the Securities and Exchange Commission of Pakistan, 79 foreign firms commenced operations over the past three years, while international investors collectively committed Rs40.7 billion to industries including energy, logistics, information technology and agriculture. The inflows have been accompanied by a notable level of corporate restructuring. A total of 61 foreign companies undertook shareholding transactions involving local entities. Among these, 29 transfers were made to other foreign firms, four to overseas individual investors, 20 to domestic individuals and eight to local corporate bodies. Much of the activity reflects global portfolio adjustments rather than entirely new capital formation. Saudi Arabia's Wafi Energy acquired Shell Pakistan's operations, while Dubai-based PTA Global Holdings secured a majority stake in Lotte Chemical Pakistan following an international agreement with TotalEnergies. Other transactions underline continued strategic interest in the energy sector. Switzerland's Gunvor Group and Total Parco obtained equal stakes in TotalEnergies Pakistan, while Saudi Aramco acquired a 40 percent shareholding in Gas and Oil Pakistan Limited. Logistics and digital services have also attracted attention. UAE-based DP World entered a joint venture with the National Logistics Corporation, while Bazaar Technologies acquired Wemsol. In a separate move, Saudi Arabia's Waqub Data Company secured an 80 percent stake in local technology firm Woot Tech. Telecommunications witnessed consolidation, with PTCL taking over Telenor Pakistan's operations. In pharmaceuticals, Pfizer transferred its Karachi manufacturing facility to Lucky Core Industries, while France's Sanofi divested its majority stake to a domestic consortium, leading to the renaming of the company as Hoechst Pakistan. Emerging sectors are beginning to feature as well. The electric vehicle industry has seen new entrants such as BYD, Chery Automobile and NWTN Motors, pointing to gradual diversification in foreign participation. The data suggests that while Pakistan continues to attract foreign firms, much of the capital flow is tied to mergers, acquisitions and restructuring exercises, rather than a broad-based surge in greenfield investment.