AIIB Eyes New Investment Opportunities in Pakistan’s Energy Transmission Sector

New-AIIB

ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has expressed a keen interest in exploring future investments in Pakistan’s energy transmission sector. During a meeting on Wednesday, AIIB Vice President Konstantin Limitovskiy met with Federal Minister for Economic Affairs Ahad Khan Cheema, discussing the bank’s ongoing projects, future pipeline, and potential financing avenues in Pakistan.

Cheema acknowledged AIIB’s continued support, particularly in times of crisis, like the 2022 floods. He praised the bank’s commitment to Pakistan’s infrastructure projects and suggested expanding AIIB’s senior-level presence as investments increase. He also highlighted the strategic importance of the Sukkur-Hyderabad Motorway section (M-6) in completing the Karachi-Peshawar Motorway network, urging AIIB to consider financing for this key segment.

Limitovskiy expressed confidence in Pakistan’s project management and reaffirmed AIIB’s focus on the N-5 Improvement Project, viewing it as crucial for regional connectivity and economic growth.

Story by Tahir Amin

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