IFC to Invest $2 Billion Annually in Pakistan’s Infrastructure, Strengthening Key Sectors
- Abeera Marium Siddiqui
- February 17, 2025
- 4:24 pm
- 250
- Business
The IFC investment in Pakistan is set to grow significantly. The International Finance Corporation (IFC) plans to invest $2 billion every year in major infrastructure projects. These funds will support key sectors like energy, ports, water, and airports. This investment aims to boost economic growth and private sector participation over the next decade.
IFC’s Role in Pakistan’s Development
In an interview with Reuters, IFC Managing Director Makhtar Diop highlighted the importance of this investment. He stressed the need to develop infrastructure and financial services to support sustainable growth.
The IFC’s strategy also focuses on digital innovation and agriculture, which are vital for Pakistan’s economy. The funds will help improve transportation networks, energy supply, and water resources. Better infrastructure will create more jobs and business opportunities across the country.
World Bank’s $40 Billion Partnership Framework
Along with IFC investment in Pakistan, the World Bank Group has introduced a Country Partnership Framework (CPF) 2026-2035 for Pakistan. This framework commits $40 billion to economic reforms and infrastructure development.
This funding will help modernize industries, support businesses, and strengthen the economy.
Prime Minister Supports IFC’s Investment
During a meeting with Makhtar Diop, Prime Minister Shehbaz Sharif welcomed the IFC’s investment. He urged the organization to expand funding in key areas such as:
- Infrastructure and logistics – Large airport projects
- Agriculture – Improving productivity and innovation
- Information technology – Boosting digital transformation
- Mining and climate resilience – Ensuring long-term economic growth
- Healthcare and water management – Enhancing public services
The Prime Minister praised the IFC for its role in Pakistan’s economic development. He called for further collaboration to improve financial systems, attract international investors, and create new business opportunities.
Pakistan’s Future with IFC Investment
The IFC investment in Pakistan, combined with World Bank funding, will transform the country’s infrastructure. These investments will strengthen key industries, create jobs, and drive long-term economic growth. Entrepreneurs and businesses will benefit from better infrastructure and increased financial opportunities.
This funding marks a new era of development for Pakistan, ensuring sustainable progress and global investment.
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