IFC to increase equity investments in Pakistan: MD

(Web Desk): International Finance Corporation plans to increase equity investments and target large-scale infrastructure financing in Pakistan.

Talking to Reuters, IFC's Managing Director Makhtar Diop's said this investment plan could unlock up to two billion dollars annually over the next decade. 

Makhtar Diop said two billion dollar annual investment is not a large number for Pakistan, which needs infrastructure development in international airports, energy, water and ports.

He said the IFC is looking into agriculture, infrastructure, digital and financial sectors.