However, both the IPDF
and IPFF need to be geared up and strengthened to perform in their intended capacities so that the combination of PE based infrastructure funds and long-term debt can take effect.
I can give you an example, Bangladesh had a similar structure like IPDF
headed by Ministry of Finance, but that also could not make a progress and worked for four or five years.
The Finance Minister also directed the IPDF
to work in close collaboration project director at Gaddani project.
is Federal PPP unit of the Government of Pakistan established by Ministry of Finance to promote and facilitate PPP projects in the country.
In the detailed presentation IPDF
management team explained that Public Private Partnership model can be put in place in energy and infrastructure development sectors of the country on Build-Operate-Transfer (BOT) model.
Ghulam Murtaza Satti, Advisor, IPDF
, Deputy Chairman Planning Commission Dr.
It will not be out of place to mention for the interest of the freight forwarders that IPDF
has initiated 'Track Access Project' to fulfill the potential backlog of rolling stock (locomotives and wagons) for the Pakistan Railways.
The Minister was briefed that IPDF
was launched more than 6-7 years back to act as a bridge between public and private sector by facilitating technical support to their sector-specific development facilities.
It was added that IPDF
is charged with the responsibility to prepare PPP transactions, undertake feasibility studies for the projects through in-house technical support.
The minister was informed that the financial and commercial feasibilities of most projects under IPDF
Public Private Partnership (PPP) worth Rs 335 billion, including M-9 Karachi Hyderabad, NHA Habibabad Flyover, Railways Track Access, Karachi Circular Railway, Lower Spat Gah ; Hydropower Project (500MW), Revival of Sindh Engineering, Karachi CNG Bus, PHDEC - NTC Cool Chain, CAA - Fuel Farm & Hydrant Refuelling, PIMS Dentistry and Liver Transplant, Comsats Students Hostel, Lahore Southern Bypass, Energy Efficient Street Lights for Islamabad, Faisalabad Solid Waste Management, and Integrated Slaughter House and Hit Prime Movers Manufacturing have been completed.
Local participants will include Chairman Pakistan National Shipping Corporation, Chairman Karachi Port Trust, Chairman Pakistan Shipping Association, Pakistan International Freight Forwarding Association, Air Cargo Agents Association, IPDF
officials and others.
According to a statement issued here, the IPDF
is assisting Heavy Industries Taxila (HIT) in selection of a private party with exclusive territorial rights to promote North Benz prime movers for the entire country under Build, Own and Operate (BOO) basis.