Skip to main content

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.

Related Content

  • Oklahoma highway funding solution being sought
    November 21, 2017
    Funding for the final 8km section of a highway project in the US state of Oklahoma has yet to be finalised. Around US$135 million has been secured but a further $165 million will have to be secured by the Oklahoma Turnpike Authority for this section of the route. The Gilcrease Expressway will be tolled and the rates are now being set, with higher charges for commercial vehicles. The project will be complex due to the uneven terrain and tricky geology. In all 22 bridges will have to be constructed. This $30
  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
  • Brazilian project attracts strong interest
    April 30, 2012
    Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
  • Tunis-Jelma motorway on schedule
    October 16, 2024
    The 186km Tunisian project from Tunis to Sbikha and then Jelma is set to open in 2026.