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Pakistan declared best country for infrastructure development

By our correspondents
October 10, 2016

ISLAMABAD: Emerging Markets has declared Pakistan the best country for infrastructure development in South Asia.

Emerging Markets is a research and publishing institute of the International Monetary Fund (IMF) and World Bank.

According to a statement issued here on Sunday, Pakistan was declared the best attractive country for infrastructure development.

The award was given due to successful investment in energy and transport projects.

Pakistan received the distinction in recognition of the government’s best planning in various mega projects, including China Pakistan Economic Corridor (CPEC), Lahore Karachi railway, LNG pipeline and energy projects.

Minister for Planning Ahsan Iqbal was invited to receive the award in Washington but due to his unavailability Pakistan’s Ambassador in the US Jalil Abbas Jillani received the award in a ceremony held in Washington on Saturday night.