ISLAMABAD: The 200-member Global Investment Consortium (GIC) is planning to invest around €50 billion on a public-private partnership (PPP) basis in different mega projects of Pakistan.
“We have been pretty much successful in convincing hedge funds to consider, in principle, raising enormous funds to channel into government projects in Pakistan,” said GIC Regional Associate Muhammad Irfan Ali.
The consortium is yet to discuss the matters with the Government of Pakistan, he further added.
However, the group has given the green light, in principle, to invest in projects including Diamer-Bhasha Dam, Naya Pakistan Housing Scheme, Reko Diq copper and gold project and a power project.
The consortium utilizes duly regulated hedge funds to finance major infrastructure projects on the basis of engineering, procurement and construction (EPC), along with social-sector schemes healthcare, education, ecology, tourism and access to information technology.
For news and blogs, visit Graana.com.
Islamabad – The Capital Development Authority (CDA) held a meeting on Saturday to review and…
ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA) is set to hold an auction for…
Islamabad – Presenting the PKR 17.57 trillion federal budget for FY2025–26, Finance Minister Muhammad Aurangzeb…
Islamabad: Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, chaired a high-level…
Dubai, UAE – May 2025: Dubai’s real estate sector has achieved a record-breaking milestone, with…
Dubai, UAE – In a significant step toward reshaping property investment, the Dubai Land Department…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
