ADB providing funding for Pakistan highway

Much of the funding for the completion work necessary for Pakistan’s M-4 Highway is being provided by the Asian Development Bank. This will come in the shape of a loan worth US$100 million. A further $34 million in funding is being provided through a grant from the Department for International Development (DFID) in the UK. The highway is of enormous economic importance for Pakistan and the region as it will boost trade and assist with political stabilisation of the region. The M-4Highway forms part of an
June 22, 2016 Read time: 1 min
Much of the funding for the completion work necessary for Pakistan’s M-4 Highway is being provided by the Asian Development Bank. This will come in the shape of a loan worth US$100 million. A further $34 million in funding is being provided through a grant from the Department for International Development (DFID) in the UK.

The highway is of enormous economic importance for Pakistan and the region as it will boost trade and assist with political stabilisation of the region. The M-4Highway forms part of an 1,800km route that connects the Central Asia Regional Economic Cooperation (CAREC) zone. This will link the port of Karachi with the north of Pakistan and also connect through to neighbouring Afghanistan and other Central Asian nations.
Road Structures Finance & Funding

Related Content

  • Pakistan project awarded to partnership
    October 25, 2022
    A major project in Pakistan has been awarded to a partnership.
    Read More
  • Loan to boost key Nepal road works
    May 29, 2023
    A loan will boost works on a key Nepal road.
    Read More
  • Projects planned for Nepalese highway network
    January 9, 2014
    A series of major trade routes are being upgraded in Nepal, which are intended to help boost bilateral trade with neighbouring India and China. This will see four key trade routes being upgraded to six lanes. These are the; Butwal-Belhiya, Rani-Ithari, Surybinayak-Dhulikhel and Birgunj-Pathalaiya highway sections. Work is already underway on the Butwal-Belihiya and Rani-Ithari highway sections while work is also being planned for the Suryabinayak-Dhulikhel and Birgunj-Pathalaiya highways. Of the 24km stretc
    Read More
  • New elevated highway project for Sri Lanka
    October 1, 2018
    Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
    Read More

Highlighted Content