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InfraZamin – First to Provide Credit Guarantee Solutions in Pakistan

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InfraZamin Pakistan Limited announced the launch of its services in an event held on the 26th of June 2021. The event was attended by government dignitaries, finance, and corporate leaders. The company is the first to provide credit guarantee solutions in Pakistan. The event was attended by noteworthy people from the infrastructure finance sector of Pakistan. The host of the event were Mr. Allard Nooy, Chairman InfraZamin and CEO InfraCo Asia; Dr. Shamshad Akhtar, Chairperson Karandaaz Pakistan; and Ms. Maheen Rahman, CEO InfraZamin.

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The chief guest at the event was Mr. Shaukat Tarin, Federal Minister for Finance and Revenue. He spoke at the event saying:

” I’m thankful to the Private infrastructure Group and Karandaaz for sponsoring Infrazamin, which is the first of its kind credit enhancement facility for infrastructure-related instruments in Pakistan. Pakistan’s debt market is improving in terms of depth, breadth, and liquidity. The innovation that Infrazamin is bringing will play a crucial role in facilitating the debt market in Paksitan”

The Guests of Honour included Mr. Aamir Khan, Chairman SECP; Mr. Mike Nithavrianakis, British Deputy High Commissioner Karachi; Mr. Farrukh Sabzwari and Ms. Sadia KhanSECP Commissioners; and Ms. Sima Kamil, Deputy Governor State Bank of Pakistan (SBP).

InfraZamin Pakistan is a project under by Private Infrastructure Development Group (PIDG) that is developed by PIDG company GuarantCo. The company aims to establish a for-profit, credit enhancement facility in Pakistan.

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