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« New wave of infrastructure investment | Main | Africa Finance Corporation for Infrastructure Development »

September 22, 2007

Public Private Partnership policy to be presented soon

ISLAMABAD: Advisor to the Prime Minister on finance and revenue, Dr Salman Shah on Friday said that Public Private Partnership (PPP) Policy is to be presented before the federal cabinet for approval shortly.

Talking to the journalists after presiding over the 3rd meeting of the Task Force on Public Private Partnerships at Ministry of Finance, the advisor said that government wants to increase public and private investment in infrastructure development from 5 percent of the GDP to 8.5 percent of the GDP in the minimum possible time.

He said the country requires huge investment for infrastructure development and government cannot alone meet this and with the involvement of private sector this challenge would be met, he said.

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Posted by rjorr at September 22, 2007 12:36 AM