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

  • Funding for El Salvador road project
    May 25, 2023
    Funding has been secured for an El Salvador road project.
    Read More
  • Myanmar expressway project due to commence
    November 16, 2020
    A major Myanmar expressway project is due to commence.
    Read More
  • Mombasa to Lagos highway proposed by African Union special envoy
    November 2, 2018
    A new highway connecting Kenya’s port of Mombasa with Nigeria’s commercial centre and main port of Lagos has been put forward by a special envoy to the African Union. The Kenyan opposition leader, Raila Odinga, was recently appointed to the post of special envoy to the African Union and announced the plan for a new transport connection between Mombasa and Lagos. This 6,000km route would provide an important economic link between two of Africa’s main ports. Although most of the route between Mombasa and
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More

Highlighted Content