World Bank (WB) in its report has named Pakistan amongst countries with most investment commitments.
World Bank in its BRD IDA report titled ‘Private Participation in Infrastructure (PPI) 2020 Half Year Report’ has named Pakistan as the country with the fourth highest investment commitments on the global scale.
The report underscores that Pakistan has investment commitments worth around US$ 1.9 billion which in-fact amount to 0.96 per cent of country’s total GDP.
WB has attributed financial closure of Thar Block-I Coal-Fired Power Plant which was developed and completed under China Pakistan Economic Corridor (CPEC) to ensure energy security and slash power reduction cost.
Other countries with the most investment commitments include China (US$ 2.5 billion), Brazil (US$ 3.5 billion) and Mexico (US$ 4 billion).
