{"id":49910,"date":"2019-02-26T11:32:45","date_gmt":"2019-02-26T06:32:45","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=49910"},"modified":"2020-07-06T16:13:22","modified_gmt":"2020-07-06T11:13:22","slug":"pakistan-infrastructure-bank-to-be-established-this-year","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-infrastructure-bank-to-be-established-this-year.html","title":{"rendered":"Pakistan Infrastructure Bank to be established this year"},"content":{"rendered":"<p>Islamabad: The federal government has decided to expedite work with respect to the operationalisation of Pakistan Infrastructure Bank (PIB) and Public-Private Partnership Authority (PPPA), a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/business-plan-for-pakistan-worth-usd-7-5-billion-revealed-by-adb.html\">Business plan for Pakistan worth USD 7.5 billion revealed by ADB<\/a><\/p>\n<p>Finance Minister Asad Umar presided over a meeting to this effect on Monday in Islamabad. The officials concerned gave briefings on the two institutions.<\/p>\n<p>The purpose of these two bodies is to enhance investment and increase overall economic growth. PIB, which is expected to become operational this year, will be established in collaboration with the International Finance Corporation (IFC).<\/p>\n<p>It will facilitate long-term investments for commercially viable projects. Moreover, it will assist social sector projects as well as help create a long-term debt market.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/private-sector-to-get-on-board-for-infrastructure-projects.html\">Private sector to get on board for infrastructure projects<\/a><\/p>\n<p>In a similar measure, the meeting decided to finalise rules and procedures of the PPPA. This project aims to act as a liaison between public and private sectors for long-term development projects. The Asian Development Bank (ADB) is working with the federal government on the PPPA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government has decided to expedite work with respect to the operationalisation of Pakistan Infrastructure Bank (PIB) and Public-Private Partnership Authority (PPPA), a news source reported. Read:\u00a0Business plan for Pakistan worth USD 7.5 billion revealed by ADB Finance Minister Asad Umar presided over a meeting to this effect on Monday in Islamabad. The officials concerned gave briefings on the two institutions. The purpose of these two bodies is to enhance investment and increase overall economic growth. PIB, which is expected to become operational this year, will be established in collaboration with the International Finance Corporation (IFC). It will facilitate long-term investments for commercially viable projects. Moreover, it will assist social sector projects as well as help create a long-term debt market. Read:\u00a0Private sector to get on board for infrastructure projects In a similar measure, the meeting decided to finalise rules and procedures of the PPPA. This project aims to act as a liaison between public and private sectors for long-term development projects. The Asian Development Bank (ADB) is working with the federal government on the PPPA.<\/p>\n","protected":false},"author":67,"featured_media":49911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[10727],"persona":[],"class_list":{"0":"post-49910","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-pakistan-infrastructure-bank-to-be-established-this-year","9":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan Infrastructure Bank to be established this year - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government has decided to expedite work with respect to the operationalisation of Pakistan Infrastructure Bank (PIB) and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-infrastructure-bank-to-be-established-this-year.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan Infrastructure Bank to be established this year - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government has decided to expedite work with respect to the operationalisation of Pakistan Infrastructure Bank (PIB) and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-infrastructure-bank-to-be-established-this-year.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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