Funding found for Pakistan highway revamp

Financing has been found for a major highway upgrade project for Pakistan. The Asian Development Bank (ADB) is lending US$197 million to Pakistan’s National Highway Development Project for Balochistan. The loan will be used to upgrade the Zhob-Mughal Kot and Qila Saifullah Waghum highways. At present these highways feature just two lanes, but the improvement works will see them being widened and improved, so as to increase capacity and also upgrade safety. The wider aim of the project is to help generate ec
July 8, 2014 Read time: 1 min
Financing has been found for a major highway upgrade project for Pakistan. The 943 Asian Development Bank (ADB) is lending US$197 million to Pakistan’s National Highway Development Project for Balochistan. The loan will be used to upgrade the Zhob-Mughal Kot and Qila Saifullah Waghum highways. At present these highways feature just two lanes, but the improvement works will see them being widened and improved, so as to increase capacity and also upgrade safety. The wider aim of the project is to help generate economic growth and reduce poverty in the Balochistan area.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Texas highway contract
    January 22, 2018
    Michael Baker International has been awarded a US$6.1 million contract by the Texas Department of Transportation (TxDOT). The contract is for Construction Engineering and Inspection (CEI) services for the Lowest Stemmons Freeway project. The Lowest Stemmons project, a 3.7km stretch of Interstate-35E (I-35E), runs from Interstate-30 to north of Oak Lawn Avenue in Dallas. The aim of the project is to reduce congestion, improve mobility and deliver more reliable travel times. The project is also the first for
    Read More
  • Vietnam’s authorities plan to invest in concrete roads
    April 4, 2012
    The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
    Read More
  • Croatia opens 17.5km section of Corridor 5c
    December 14, 2022
    The majority of the 5c, or Vc, route crosses Bosnia and Herzegovina and is a key priority for the European Bank for Reconstruction and Development (EBRD)
    Read More
  • Pakistan plans road rebuilds
    February 29, 2012
    The Pakistan Highway Rehabilitation Project is now moving forward in a programme that will see repairs and improvements to key sections of the country's road network.
    Read More

Highlighted Content