ISLAMABAD: Pakistan will present three high-impact projects worth $580 million in hydropower and communication sectors to secure funding at the fourth international conference on financing for development in Spain in June.

The United Nations Development Programme (UNDP) has completed feasibility studies of the three SDG-aligned projects, which include $38.4m for a 10.96MW Mehar hydropower project in Kasur, $318.1m for 500MW floating solar on Keenjhar Lake in Sindh and $130m for the second phase of Swat motorway project.

According to informed sources, UNDP aims to continue supporting federal and provincial governments in developing bankable projects and supporting Pakistan’s participation in the upcoming international conference, including a possible bespoke investment event for Pakistan.

Pakistan will present its investment portfolio at the SDG Investment Fair, which will be a part of the conference. In the past years, 130 plus projects worth $66 billion from 25 countries have been presented at the SDG investment fairs, with 15,000 participants tuned in from around the globe.

The Fourth International Conference on Financing for Development, taking place in Seville from June 30 to July 3, provides a unique opportunity to reform financing at all levels, including to support

reform of the international financial architecture, the UNDP says.

UNDP has partnered with the finance ministry to set up a Pakistan SDG Investments and Climate Financing Facility, providing technical assistance to accessing climate financing and investment opportunities.

The facility has successfully supported four core areas: project pipeline development, feasibility studies, and matchmaking; structuring financial instruments (debt swaps, sustainability-linked bonds, blended finance instruments with banks); private sector partnerships; and technical assistance, research and capacity-building.

Published in Dawn, January 29th, 2025

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Electricity relief
Updated 05 Apr, 2025

Electricity relief

If govt ensures that requisite power reforms are implemented, it will earn much praise for reforming a vital segment of the economy.
Trump’s trade wars
Updated 05 Apr, 2025

Trump’s trade wars

Shoddy math applied by US to indiscriminately penalise its trading partners signals the end of an era of global trade liberalisation.
Legalised land grab
05 Apr, 2025

Legalised land grab

THE Modi government has passed a new bill targeting the Muslim community, this time eyeing swathes of priceless real...
More than words
Updated 04 Apr, 2025

More than words

Holistic development can only work when there is organic and credible political activity in the province.
Poor publicity
04 Apr, 2025

Poor publicity

FORTUNE does not seem to be favouring the PTI — at least not yet. With the party’s founder confined from public...
Party pooper
04 Apr, 2025

Party pooper

INDIA’s role of a spoilsport is tiresome. From pulling books from shelves, such as Wendy Doniger’s The Hindus: ...