Despite considerable concern by the government, deep regional disparities remain a persistent and troubling feature of Pakistan's economy. Although stark inter‐provincial differences have received the most attention, both policy‐makers and research scholars also need to address profound intra‐provincial inequalities. Using factor analysis, this paper examines the relationship between investments in “hard” infrastructural development and inter‐provincial and intra‐provincial disparities in Pakistan. Overall, the paper argues that a very close association exists in Pakistan between regional infrastructure endowment and broad levels of socio‐economic development. Specifically, data indicate the striking importance of transport within and across regions. The analysis investigates the importance of differing types of transport infrastructure for regional development. The paper concludes with policy recommendations concerning levels, types and mix of hard infrastructural investments that might provide policy‐makers with the best opportunity for alleviating i