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Asian Infrastructure Investment Bank (AIIB)

AIIB shows attention to invest in Pakistan Infrastructure Bond

ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has articulated interest to invest $400 million in the Pakistan Infrastructure Bond. According to Ministry of Finance, the bank has substantiated its preparation to invest amount into a 10-year bond, which the government will propose soon in order to amplify funds for mega projects. This decision was informed to Pakistan by AIIB in the preceding month. However, the projects which are mainly focused for funding by AIIB investment includes Dasu hydroelectric…

Dams construction- Pakistan seeks funding of $2 billion from AIIB & Swiss bank

ISLAMABAD: Pakistan is in dire need of around $2 billion funding from Asian Infrastructure Investment Bank (AIIB) and Swiss bank for the construction of Diamer-Bhasha and Mohmand dams. It is also reported, that government is tend to impose a particular charge on electricity utilization in order to contribute in the funding of Diamer-Bhasha and Mohmand dams. Supreme Court held the second meeting of Implementation Committee of the Diamer-Bhasha and Mohmand Dams (ICBMD) on Friday. ALSO READ: Now donate Rs10 for Diamer-Bhasha,…