PHOTO: EXPRESS
He added that in the current development paradigm, governments are focusing more on PPPs to uplift the economy and meet infrastructure needs. He apprised the audience that potential exists in Punjab as legal framework is in place. He emphasised the importance of building and improving the public and private sectors. “The government has joined hands with the ADB to enhance PPPs in Punjab and signed a five year (2018-2022) $100 million agreement,” he added. Under this programme, the ADB would provide funding towards the Viability Gap Fund (VGF) and Project Development Facility (PDF).
Published in The Express Tribune, May 19th, 2018.
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