Skip to main content

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.

For more information on companies in this article

Related Content

  • Increasing demand for geosynthetics reinforcement
    May 3, 2012
    Geosynthetics have a wide variety of uses and these include providing extra strength in highway construction. Demand for geosynthetics in the United States alone is projected to increase 4.4% per year through to 2010 to more than 727 million m². Geosynthetics, used worldwide in the highway sector for strengthening, include geotextiles, geomembranes, geonets, geogrids, geosynthetic clay liners, preformed geocomposites, geocells and geofoams. The US advances will be fuelled by a recovery in nonbuilding constr
  • Increasing demand for geosynthetics reinforcement
    April 16, 2012
    Demand for geosynthetics in the United States alone is projected to increase 4.4% per year through to 2010 to more than 727 million m². Geosynthetics, used worldwide in the highway sector for strengthening, include geotextiles, geomembranes, geonets, geogrids, geosynthetic clay liners, preformed geocomposites, geocells and geofoams. The US advances will be fuelled by a recovery in nonbuilding construction. Additionally, geosynthetics will continue to increase their use in a wider range of applications
  • New West African highway planned
    April 8, 2022
    An important new West African highway is being planned.
  • South Korean consortium picks up Kazakhstan highway deal
    July 14, 2016
    A South Korean consortium is in line for a US$75 million loan from the Asian Infrastructure Investment Bank (AIIB) for a project in Kazakhstan. The $900 million project around the city of Almaty will see development of a 66km highway with eight intersections and 21 bridges, according to a report in the Korea Herald. The consortium consists of Korea Expressway and SK Engineering and Construction (SK E&C), noted a report by the Korean news agency Pulse. Other banks that will provide loans to the cons