BII reaffirms Pakistan commitment, seeks greater private capital mobilisation
British International Investment (BII) on Thursday reaffirmed its commitment to Pakistan and expressed interest in significantly expanding its investment footprint in the country, with a focus on infrastructure, climate finance, technology and private markets. The development came during a meeting between Finance Minister Senator Muhammad Aurangzeb and BII Managing Director and Head of Asia Srini…
The British International Investment (BII) reaffirmed its steadfast commitment to Pakistan during a recent meeting with Finance Minister Senator Muhammad Aurangzeb, according to a press release from the Finance Division. BII Managing Director and Head of Asia, Srini Nagarajan, joined the discussion alongside representatives from BII and the Department for International Development (FCDO), highlighting the institution's keen interest in significantly expanding its investment footprint in the South Asian nation.
The talks revolved around BII's investment plans for Pakistan, focusing on infrastructure, climate finance, technology, and private markets. Nagarajan briefed Aurangzeb on BII's 2026-31 strategy, which aims to invest at least $2 billion across Asia and Africa, with a strong emphasis on South Asia and frontier markets. He emphasized Pakistan's potential as an investment destination and underscored BII's interest in amplifying its investment footprint in the country over the years to come.
Nagarajan outlined BII's strategy for mobilizing private capital alongside its own investments, leveraging the firm's experience in infrastructure, climate finance, financial services, technology, and private markets to help develop investable markets and attract additional capital. Aurangzeb highlighted recent improvements in macroeconomic stability, investor confidence, and Pakistan's $3 billion international bond issuance, citing progress in privatisation and enhancements in sovereign credit ratings as indicators of strengthening investor confidence.
Both parties discussed climate finance, capital-market instruments, SME financing, and agriculture, exploring ways to mobilize private investors and develop practical financing solutions. BII expressed its willingness to collaborate with Pakistan on actionable investment opportunities and support sustainable economic growth. The finance minister welcomed BII's offer to contribute its international expertise to government initiatives, studies, and policy forums, emphasizing the importance of bringing development finance institutions and private investors together to address specific and investable opportunities.
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