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

  • US$1.76 billion Pakistan highway
    August 21, 2024
    Spiralling costs mean a Pakistan highway could cost US$1.76 billion.
    Read More
  • Vietnam's mighty road budget
    February 7, 2012
    A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
    Read More
  • Thailand/Vietnam R10 route to be developed
    June 3, 2013
    Vietnam will partner Thailand in improving the 900km Southern Economic Corridor, known as the R10 route, linking Dawei in Myanmar to southern Vietnam. By 2015, Vietnam intends to finish expanding and renovating the R10 route to support social, tourism and cultural exchanges among Thailand, Vietnam and Cambodia. The route, which will be funded by loans from the Asian Development Bank (ADB), the World Bank and the Thai government, will facilitate transportation of goods across the region.
    Read More
  • New Bangladesh expressway project
    August 23, 2023
    A new Bangladesh expressway project is being planned.
    Read More

Highlighted Content