Wednesday, 26 January 2022, 02:03:43 am
Asad Umar hails US-DFC for continuing investments in Pakistan
October 23, 2021

Minister for Planning and Development Asad Umar has appreciated the US-based International Development Finance Corporation for its longstanding interest and continued investments in Pakistan.

Talking to the CEO of the Corporation Dev Jagadesan in Islamabad, he said with its expanded portfolio, DFC can play an important role in financing public sector and public-private partnership projects in Pakistan.

The Planning Minister urged DFC to explore investment opportunities in the climate financing of the risk mitigating projects through private sector in the country.

Acting Chief Executive Officer of US International Development Finance Corporation briefed the Minister on DFC's mission and priorities including its engagement in Pakistan.

He said that DFC is keen to work with private sector entities interested in exploring business opportunities.

The two sides agreed to remain engaged in developing a portfolio of priority projects for further collaboration.