Funding found for planned Pakistan project

Funding has been secured for a major highway project in Pakistan. Some US$100 million is being provided by the Asian Infrastructure Investment Bank (AIIB) for work on Pakistan’s M-4 Motorway project. The investment will take the form of co-financing for the Shorkot-Khanewal section of this major road project. AIIB is based in China and has commented that there is major potential in Pakistan for infrastructure development.
May 9, 2016 Read time: 1 min
Funding has been secured for a major highway project in Pakistan. Some US$100 million is being provided by the Asian Infrastructure Investment Bank (AIIB) for work on Pakistan’s M-4 Motorway project. The investment will take the form of co-financing for the Shorkot-Khanewal section of this major road project. AIIB is based in China and has commented that there is major potential in Pakistan for infrastructure development.
Road Structures Finance & Funding

Related Content

  • Colorado toll road project receives funding
    May 5, 2017
    Funding is being provided for the construction of new tolled lanes on a highway close to Denver, Colorado. The funding will be provided by the US Federal Government in the form of a loan worth US$109 million. In all the project will cost $276 million, with the state providing the majority of the remaining funding required. The funding will be used to widen a 20km section of the route connecting Wadsworth Boulevard with Interstate 25. The widening work is expected to be complete by 2019 and is intended to he
    Read More
  • Road investment benefit for Montenegro
    February 11, 2014
    China's Exim Bank is providing financing worth some €800 million to the Government of Montenegro for a highway project. The loan will be used to pay for work to a section of the Bar-Boljari highway stretch. The work on the Podgorica-Kolasin stretch is due to commence shortly and will be carried out by the Chinese contractor CC International. The Government of Montenegro will borrow some €118 million for capital projects and €240 million for the budget requirements. Of this, €10 million is to be borrowed fro
    Read More
  • Hungarian highway project faces finance change
    April 23, 2021
    The financing of a Hungarian highway project is changing.
    Read More
  • Vietnam's new highway projects
    February 24, 2012
    Key highway projects are being planned in Vietnam. The Ninh Binh-Thanh Hoa expressway will run 127km and is expected to cost US$1.6 billion to construct. The Nghi Son-Bai Vot expressway will cost $1 billion to build and Vietnam's Ministry of Transport (MoT) hopes to source a loan from the World Bank for this project. Vietnam's MoT is putting the projects through the tender process at present. The deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models. So
    Read More

Highlighted Content