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.
MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…
ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…
As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…
Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…
As Los Angeles County grapples with the aftermath of some of the most destructive fires…
On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
