ISLAMABAD - Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Shaikh has stressed upon to enhance institutional arrangements in the realm of public-private collaboration and develop spontaneous and long-lasting relationship with all the line ministries and departments involved in the development of physical infrastructure in the country.

While chairing a meeting of the Infrastructure Project Development Facility, the Finance Minister instructed the IPDF to develop close collaboration with the Planning Commission for the identification of the projects to be undertaken for infrastructure development and devise some preliminary business plan for future programme.

The IPDF gave a detailed presentation to the Finance Minister on the projects in pipeline under the policy of public private partnerships. The Projects under IPDF Public Private Partnership are M-9 Karachi Hyderabad, NHA Habibabad Flyover, Railways Track Access, Karachi Circular Railway, Lower Spat Gah, Hydropower Project (500MW), Revival of Sind Engineering, Karachi CNG Bus, PHDEC - NTC Cool Chain, CAA - Fuel Farm & Hydrant Refuelling, PIMS Dentistry and Liver Transplant, Comsats Students Hostel, Lahore Bypass, Energy Efficient Street Lights for Islamabad and Faisalabad Solid Waste Management, and Integrated Slaughter House and Hit Prime Movers Manufacturing amounting Rs 335b.

 while financial and commercial feasibility of most of the project has been completed, IPDF told.

The presentation also gave details of the Project Pipeline Development which centered on pro-active marketing to agencies, organisations and institutions responsible for developing infrastructure projects at all level e.g. Federal, Provincial and Local, and Projects identified by relevant agencies, organisations and institutions.

The presentation also contained some snapshots of the future projects which are NHA - Multan Northern Bypass, NHA - Construction of link road Tarnol to New Benazir Bhutto International Airport, Small Hydel Projects, Railways Station Development for Pakistan Railways, Widening of Islamabad Highway, Widening of IJP Road, Bus Rapid Transit System MRT for Twin Cities, Islamabad Airport (Cargo Village and Commercial Development and Theme parks (PBIT).

The meeting was also apprised that the Federal Private Public Partnerships law to be introduced this year as its first draft has been finalised which establishes the function of the Federal Government and responsibilities of the implementing agencies. The law to be introduced this year shall be able to provide legal protection to all stakeholders, and develops clear legal framework for private sector involvement in PPP projects consistent with existing national and international regulatory projects.