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

  • Nepal road and bridge improvements receiving funding
    November 20, 2018
    A loan from the World Bank will help pay for a series of road upgrades across Nepal. The US$133 million loan will be directed towards improving 12,412km of Nepal’s road network, including both major highways and secondary link roads. Also benefiting from the loan will be many of Nepal’s bridges. Maintenance work will be carried out to 90 bridges and safety measures will be improved on 180 bridges. Construction work will be completed on 92 bridges being built at present, while a further 115 existing bridges
  • Key highway upgrades for Ukraine will be funded by a World Bank loan
    October 19, 2012
    External funding will pay for maintenance and safety upgrades on Ukraine’s road network. A deal was struck between Ukraine’s state highway agency Ukravtodor and the World Bank for a loan to cover the necessary work. The US$450 million loan will provide the financing required for Ukraine’s Federal programme of road improvements. Surface quality and safety upgrades will be carried out on a series of major road links, with the Kiev - Kharkov highway section between Lubny and Poltava having been identified as a
  • Chinese funding for Russian infrastructure projects?
    February 7, 2022
    Chinese funding is being sought for Russian infrastructure projects.
  • Funding for Cameroon road upgrade
    July 10, 2023
    Funding has been secured for a Cameroon road upgrade.