ISLAMABAD: Pakistan is in need of substantial private sector investment requiring approximately $110 billion over next five years to cater to the infrastructure necessities for growing population, y Ghulam Murtaza Satti, adviser on Public-Private Partnership (PPP) said during an investors forum arranged by Infrastructure Project Development Facility (IPDF).

The investors observed that there should be consistency and continuity in the policies and stressed the need for legislation to cover loopholes in PPP. They quoted examples of Lahore –Faisalabad road on BoT of Punjab Government and Lakpass tunnel project on BoT of NHA. The investors also quoted the statement of Minister of Ports and Shipping regarding cancellation of concession agreement signed between Government and Singapore Port Authorities, which can affect business environment in the country.

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Posted by boyang at April 11, 2009 5:33 AM