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

  • Pakistan’s latest highway project featuring Chinese input
    October 5, 2017
    The new East Bay Highway link in Pakistan will be constructed with assistance from China following an agreement between the two countries. The project has a projected cost of US$161 million and the highway will stretch 19.5km. The construction of the new East Bay Highway will improve transport links to the Gwadar Port, easing truck traffic.. The project forms part of the wider China-Pakistan Economic Corridor (CPEC) programme of works.
    Read More
  • Mongolia's road ahead
    April 25, 2012
    Financing worth a total of US$170 million will help fund construction of Mongolia's Western Regional Road Corridor. This will be provided by the Asian Development Bank (ADB) in a series of payments.
    Read More
  • Linking Kenya and Uganda with a new road project
    May 10, 2018
    An upgraded road link will improve transport between Uganda and Kenya - Shem Oirere reports Rainfall patterns and type of soil in an agricultural rich area shared by the neighbouring East African countries of Kenya and Uganda was a key consideration in arriving at the decision to upgrade to bitumen standards 73km of the 118km Kapchorwa-Kitale road that links the two countries. Initially, Uganda had proposed to have the road between Kapchorwa and Suam on its border with Kenya re-gravelled and widened to a
    Read More
  • Key Indian links
    February 27, 2012
    In India a total of eight road projects worth US$1.43 billion have been given approval by the National Highways Authority of India (NHAI).
    Read More

Highlighted Content