PhotoNews
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    PTI Jalsa from the Minar-e-Pakistan Lahore
    Videos

    Watch Live | PTI Imran Khan’s speech at Minar-e-Pakistan Lahore

    March 26, 2023 1 Min Read
    Shark Attack Video
    Videos

    Viral Video: A female diver survives shark attack

    March 20, 2023 2 Min Read
    The Daily Show, Bilawal Bhutto Zardari's full interview
    Videos

    Bilawal Bhutto Zardari full Interview on ‘The Daily Show”

    March 15, 2023 1 Min Read
  • Sports
  • Offbeat
  • Blog
  • Contact
Reading: ‘No boost in infrastructure investments in Pakistan’
PhotoNewsPhotoNews
Aa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews > Business > ‘No boost in infrastructure investments in Pakistan’
Business

‘No boost in infrastructure investments in Pakistan’

Last updated: 2015/06/11 at 11:52 AM
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
admin June 11, 2015
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 *

Recent Posts

Shortage of medicines in Pakistan

Shortage of critical medicines in Pakistan due to Pharma’s price dispute

Feroze Khan leaks information, Feroze Khan Muneeb Butt Dispute

Feroze Khan apologizes for leaking celebrities’ personal information

United States Pakistan Relationship, Pakistan's General Elections

US-Pakistan engagement increase ahead of General Elections

Political Turmoil and Economic Crisis,

Political Turmoil and Economic Crisis: Can Pakistan’s Leaders Save the Nation?

Pakistani Elon Khan

Pakistani ‘Elon Musk’ trends on social media

Saudi Arabia and Yemen war, Yemen war News

‘Stuck in a swamp’: Saudi Arabia seeks exit from Yemen war

Post Archives

More Popular from Photonews

Pepper Sprays Review
Blog

Pepper Sprays: A Review

13 Min Read
Karachi's Crime Rate
Blog

Guns: Why we need them more then ever before

5 Min Read
Pakistan's Nuclear Weapons, Pakistan's Nuclear, IMF Conditions
BusinessPakistan

IMF rejects Ishaq Dar’s claims link loan program with Pakistan’s nuclear weapons

2 Min Read
Videos

Watch KAROL G, Shakira’s new song TQG’s official video

After a month of BZRP Music Sessions #53 on YouTube, Shakira returns with another post-breakup banger,…

March 1, 2023
Entertainment

Victoria’s Secret announces iconic fashion show after 4 years, but with a new version

The Victoria's Secret Fashion Show will return after a four-year absence, and the 2023 Victoria's Secret…

March 7, 2023
Videos

Bilawal Bhutto Zardari full Interview on ‘The Daily Show”

Foreign Minister Bilawal Bhutto-Zardari stated that Pakistan is facing a “perfect storm” due to the country’s…

March 15, 2023
Sports

Pic of Ja Morant spending $50K at a strip club and flashing gun

Ja Morant lands in trouble following broadcasts of his infamous gun-flashing Livestream, which landed him in…

March 12, 2023
PhotoNews

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

© 2023 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?