ISLAMABAD: Pakistan Institute of Development Economics (PIDE) Monday appreciated declaring Pakistan the best country for infrastructure development in South Asia, by a renowned international research organisation.
Prof Dr Usman Mustafa, Infrastructure Development Expert at PIDE said, “It is a good sign for the country and its economy that the Emerging Market – one of the best research and publishing institution of International Monetary Fund and the World Bank has declared Pakistan as the best country for infrastructure development in South Asia.”
Talking to APP, he said infrastructure was key to development and economic growth of any country and the economic development under Pakistan China Economic Corridor (CPEC) was also a positive sign for the country. He said, this statement was not only a good sign to build confidence of the investors but also help attract foreign direct investment for the economic growth in the country.
Prof Usman said the US and other international organizations were also appreciative of the economic turn-around of Pakistan which was also a good omen for the country. He said Pakistan’s stock market had also become one of the best performing markets in the world and international investors were also showing great interest in the investment in the market.
