ISLAMABAD: The 200-member Global Investment Consortium (GIC) is planning to invest around €50 billion on a public-private partnership (PPP) basis in different mega projects of Pakistan.
“We have been pretty much successful in convincing hedge funds to consider, in principle, raising enormous funds to channel into government projects in Pakistan,” said GIC Regional Associate Muhammad Irfan Ali.
The consortium is yet to discuss the matters with the Government of Pakistan, he further added.
However, the group has given the green light, in principle, to invest in projects including Diamer-Bhasha Dam, Naya Pakistan Housing Scheme, Reko Diq copper and gold project and a power project.
The consortium utilizes duly regulated hedge funds to finance major infrastructure projects on the basis of engineering, procurement and construction (EPC), along with social-sector schemes healthcare, education, ecology, tourism and access to information technology.
For news and blogs, visit Graana.com.
ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…
Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…
Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…
Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…
KARACHI: Sindh Local Government Minister Saeed Ghani chaired a meeting on Monday to review measures…
ISLAMABAD: The Capital Development Authority (CDA) has unveiled plans to develop a modern food street…