Pakistan and Republic of Korea signed a US$1 billion Framework Arrangement
The Government of Pakistan and the Republic of Korea have signed a US$1 billion Framework Arrangement for the financing of various infrastructure projects in Pakistan.
Under the arrangement, signed on June 09, 2022, the Republic of Korea will be responsible for providing long-term highly concessional financing up to US$ 1 billion for the implementation of various projects in Health, Communication, Agriculture and Energy sectors with a special focus on Information Technology.
The framework arrangement is valid from 2022 to 2026 and aims to support the economic policies and initiatives being pursued by the new government of Pakistan.
Country updates
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May 27, 2022
IFC to support multi million hospital PPP project in Pakistan
IFC has signed an agreement with the Government of Khyber Pakhtunkhwa (GoKP) province to help arrange a hospital PPP project in the provincial capital Peshawar.
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May 18, 2022
Technical advisor sought for Peshawar Hospital PPP project
The State Government of Khyber Pakhtunkhwa in Pakistan has appointed International Finance Corporation (IFC) as transaction advisor for the development of a 300-bed multispecialty tertiary care hospit...
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March 31, 2022
ADB provides US$300 million loan to Pakistan
The Asian Development Bank (ADB) has approved a US$300 million loan to further develop Pakistan’s capital markets, promote private investment in the country, and help to mobilize domestic resour...
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March 29, 2022
Tender issued for Wastewater treatment plant PPP project in Pakistan
The government of Sindh in Pakistan has launched a request for qualifications (RFQ) seeking a private partner for the development of a wastewater treatment plant in Karachi.
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March 09, 2022
Bangladesh and South Korea discuss nine PPP projects
Public-Private Partnership Authority (PPPA) of Bangladesh and Korea Overseas Infrastructure and Urban Development Corporation (KIND) have announced nine PPP concessions during the 4th Bangladesh-Korea...
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