USD6.5bn PPP projects: Investment fund for overseas Pakistanis under study

Pakistan is planning to expand its USD 6.5 billion pipeline of 38 public-private partnership (PPP) projects, with the government aiming to unlock private and overseas Pakistani capital for major infrastructure schemes. Federal Minister for Economic Affairs and Establishment Division Ahad Cheema has directed authorities to fast-track the development of bankable PPP projects in railways, highways, power, civic infrastructure, and airports.

Additionally, Cheema has explored the possibility of creating an investment fund or similar mechanism to enable Overseas Pakistanis to invest in national infrastructure projects without having to directly establish or manage businesses in the country. The proposed mechanism aims to offer transparent and commercially attractive investment opportunities with appropriate safeguards and clearly defined returns, ultimately channeling overseas savings into productive national assets.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.