Islamabad: Pakistan was one of the top five countries to receive Private Infrastructure Investment (PPI) during the year 2017, according to a news report. Pakistan received USD 5.9 billion during the year.
According to a report released by World Bank, a total of 52 countries received PPI in 2017 as compared to 37 countries in 2016 and 5-year average of 41 countries. China topped the list when it received USD 17.5 billion across 73 projects; Indonesia received USD 15.4 billion; Mexico received USD 8.6 billion; Brazil received USD 7.3 billion; and, Pakistan received USD 5.9 billion across four projects.
The five countries attracted USD 54.5 billion totally around 58 per cent of the global investment in 2017.
The South Asian Region attracted a total of USD 11.7 billion investments in 2017, a 90% increase as compared to 2016. The increase was mainly driven by Pakistan, which received USD 5.9 billion as compared to USD 1.7 billion the previous year.
Investment in Pakistan surpassed that in India for the first time ever, India saw a slight increase in investment from USD 4.3 billion in 2016 to USD 4.8 billion in 2017. Additionally, for the first time since 2012, Sri Lanka, and Afghanistan also received one investment project.
In sector-wise breakdown, energy sector received the greatest PPI with USD 51.9 billion invested in 203 projects which accounted for 56 percent of the total investment. The transport sector accounted for 39% of the PPI and received USD 36.5 billion in investments in 2017.
Together, the transport and energy sectors comprised 95 per cent of the cumulative PPI.
