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October 12, 2008


Pak cities need USD 10 billion for infrastructure – WB

World Bank has estimated that Pakistan’s cities require USD 5 billion to USD 10 billion for improving water, sanitation and solid waste management facilities in order to meet its future challenges.

Mr Mihaly Kopanyi senior infrastructure specialist at World Bank said that "The World Bank is ready to provide financing on the basis of demand, but the private sector will have to be involved to improve municipal services in major urban centers." He added that the WB was working along with Pakistani authorities to devise an institutional mechanism to improve infrastructure in five major urban centers of Punjab including Lahore, Gujranwala, Multan, Rawalpindi and Faisalabad.

On the basis of his research done in a few districts of Punjab, the WB official said no reliable data is available to analyze the situation that exists on the ground related to provision of water, sanitation and solid management.

Mr Ijaz Ahmed Khan CEO of IPDF said that Pakistan requires USD 100 billion for meeting infrastructure related challenges in the future. elaborating on the USD 100 billion need, he said that Pakistan requires USD 22 billion for multipurpose water reservoirs, throw forward of infrastructure projects which are USD 20 billion, maintenance backlog USD 10 billion, other energy projects USD 18 billion, transport and communication USD 16 billion, urban mass transit USD 4 billion, municipal services USD 2.5 billion and health and education USD 4 to USD 5 billion.

Mr Ghafoor Mirza advisor at ministry of finance said that "The Government of Pakistan realizes the need to fill gaps between the demand and supply of infrastructure in a manner that leverages private resources as far as possible and yields optimum benefits for every rupee that the government spends,”, in his opening remarks at the inaugural session of the workshop.

Mr Mirza said that the government of Pakistan has established IPDF under the umbrella of the ministry of finance, in order to develop a comprehensive public private partnership program for generating growth and closing gaps between the supply and demand of the infrastructure requirements of Pakistan.