World Bank Has Ranked Pakistan Among Top Five Countries In infrastructure DevelopmentWorld Bank Has Ranked Pakistan Among Top Five Countries In infrastructure Development

World Bank Has Ranked Pakistan Among Top Five Countries In Infrastructure Development

World Bank Has Ranked Pakistan Among Top Five Countries In Infrastructure Development: According to the report released by World Bank, Pakistan has become one of top five countries across the globe in Private Infrastructure Investment during the year 2017 as it received US$5.9 billion during the year. Pakistan also lead in South Asian countries including India which received $4.8 billion during the year. As per report ranking

  1. China
  2. Indonesia
  3. Mexico
  4. Brazil
  5. Pakistan
World Bank Has Ranked Pakistan Among Top Five Countries In infrastructure Development
World Bank Has Ranked Pakistan Among Top Five Countries In infrastructure Development

Total of 52 countries received investment out of them  China received US$17.5 billion across 73 projects, Indonesia received US$15.4 billion across 11 projects, Mexico received US$8.6 billion across 20 projects, Brazil received US$7.3 billion across 24 projects, and Pakistan received US$5.9 billion across four projects. These five countries attracted US$54.5 billion, which was 58% of global investment in 2017 while the South Asia Region attracted US$11.7 billion in investments in 2017.

In 2017, this rise put Pakistan on the list of the world’s top five PPI investment destinations. India saw a slight increase in investment from US$4.3 billion in 2016 to US$4.8 billion in 2017 while Sri Lanka and Afghanistan each received one investment project.

Of the electricity generation projects, renewables continued to dominate in 2017 at 173 out of 197 (88%) projects from wind, solar, biomass, waste, geothermal, and hydropower.

Energy & Transport Sectors Attracted the Private investment

The transport and energy sectors comprised 95% of the cumulative PPI investments. In 2017, the energy sector has superceded other sectors in attracting private sector investment, with $51.9 billion invested in 203 projects which accounted for 56% of total PPI.

The transport sector accounted for $36.5 billion in investments in 2017, making up 39 percent of the PPI share. The 66 transport projects had an average size $552.3 million, which was double the investment in the energy sector.

  • The information and communication technology (IT) sector received only $3 billion across five projects
  • Water and sewerage sector, with only $1.9 billion across 30 projects.

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