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IFC to provide $400 million loan for Reko Diq mine

ISLAMABAD: The International Finance Corporation (IFC) will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according to an IFC disclosure. The...

Pakistan signs agreement with IFC for promotion of EVs

Pakistan has inked agreement with the International Finance Corporation (IFC) for promotion of electric vehicles (EVs). As per details, the Ministry of Industries entered into...

Pakistan partners with IFC to boost investment in EVs

ISLAMABAD: The Ministry of Industries and Production has signed a cooperation agreement with the International Finance Corporation that will promote investment in electric two...

IFC eyes $2 bln annual equity investments in Pakistan for decade

ISLAMABAD: International Finance Corporation’s Chief Makhtar Diop has said that IFC is increasing equity investments and eyeing large-scale infrastructure financing in Pakistan, in an...

IFC, local banks to invest $52.2mn for tyre production in Pakistan

The International Finance Corporation (IFC) and local banks will invest $52.2 million in a new greenfield tyre project launched in Pakistan with the aim...
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