Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: ‘No boost in infrastructure investments in Pakistan’
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > ‘No boost in infrastructure investments in Pakistan’
Business

‘No boost in infrastructure investments in Pakistan’

Web Desk
By Web Desk Published June 11, 2015 3 Min Read
Share
SHARE

Washington: Brazil, Turkey, Peru, Colombia and India were among the five top destinations for infrastructure investments in 2014, says a World Bank report released on Wednesday.

Pakistan, however, is not among the countries that received significant investments, though it implemented a total of two energy projects, both in renewable energy: Jhimpir power plant and Sapphire Jhimpir wind farm.

The first is an electricity generation project, contracted at build, own, and operate basis. It will cost $135.4 million and will produce 49.6 MW of electricity when completed. Pakistan will raise the entire amount needed for the project.

The Sapphire Jhimpir wind farm is also for electricity generation, contracted at build, own, and operate basis, with a total cost of $127.7m. It will produce 50 MW of electricity when completed. Pakistan will raise the entire amount for this project as well.

The report notes that private participation in infrastructure (PPI) in Pakistan for renewable energy contracted from $1.2 billion in 2012 to $128m in 2013, with a reduction in new projects from 9 projects in 2012 to 2 projects in 2013.

In 2013, Pakistan received a total of $263.1m of PPI and was 21 on a list of 30 countries.

Total infrastructure investments in 139 emerging economies — for projects with private participation in the energy, transport and water sectors — rose to $107.5bn in 2014.

This was driven largely by increasing activity in Brazil, according to an update released to the World Bank Group’s “Private Participation in Infrastructure” database.

The data, covering the period from 1990 to 2014, reviews more than 6,000 projects across 139 low – and middle-income economies.

“Our update reveals that the top five countries with the highest investment commitments in 2014 are Brazil, Turkey, Peru, Colombia and India,” said Clive Harris, Practice Manager, Public–Private Partnerships, World Bank Group. “These five countries together attracted $78bn, representing 73 per cent of the investment commitments in the developing world in 2014.”

The report attributed the increase in the global investment commitments to increasing activity in the Latin America and the Caribbean (LAC) region, which captured $69.1bn, mainly in Brazil, Colombia and Peru, which together accounted for 55pc of the global total.

TAGGED:Pak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Wall Street Tesla

Wall Street Dips as Tesla Falls Amid Trump-Musk Feud Over Tax Bill

Pakistan's Inflation June 2025

Pakistan’s Inflation Rises to 3.2% in June 2025, Aligns with Forecast

International Driving Permit at Lahore airpot

Punjab Launches Pakistan’s First International Driving Permit Kiosk at Lahore Airport

Post Archives

More Popular from Photonews

NADRA CNIC renewal 2025
Pakistan

NADRA CNIC Renewal with Discounted Fees and Faster Delivery

2 Min Read
Beyoncé Cowboy Carter Tour
Entertainment

Beyoncé Narrowly Escapes Fall After “Flying Car” Malfunctions

3 Min Read
NBA draft 2025 Full list of picks
Sports

2025 NBA Draft Full List of First and 2nd Pick

4 Min Read
Entertainment

Squid Game Season 3 Premieres on Netflix, Caps Intense Season 2 Drama

Netflix’s global phenomenon Squid Game returns for its third and final season on June 27, 2025,…

June 27, 2025
Entertainment

Orlando Bloom Sparks Buzz with Kim Kardashian Greeting at Venice Wedding

On June 26, 2025, Orlando Bloom, recently single after his split from Katy Perry, ignited social…

June 27, 2025
Tech

Meta Launches Superintelligence Labs to Lead AI Innovation

On July 1, 2025, Meta CEO Mark Zuckerberg announced the creation of Meta Superintelligence Labs (MSL),…

July 1, 2025
Tech

Apple Considers Outsourcing Siri AI to Anthropic or OpenAI

On July 1, 2025, reports surfaced that Apple may abandon in-house AI development for Siri, opting…

July 1, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?