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

  • Australia highway project funding found
    April 30, 2018
    Funding has been secured to pay for the Gympie bypass project in Queensland, Australia. The 26km project is expected to cost US$ 767.4 million (A$1 billion) in all. The Australian Government will provide 80% of the funding required, with the remaining 20% being provide by Queensland State’s budget. This section of road will extend the Bruce Highway and is intended to cut congestion in the area.
  • Funding for Bangladesh highway upgrade
    August 21, 2015
    Funding has been secured for a major highway widening and upgrade project in Bangladesh. The route running from capital Dhaka to Sylhet will be widened sufficiently so that it will feature two lanes running in either direction, enabling it to better cope with the traffic volumes it currently handles. The highway widening project will be funded by the Asian Development Bank (ADB). The feasibility study for the project has already been carried out. The project will be managed by Bangladesh’s Road Transport an
  • Bosnia highway project, funding secured
    May 15, 2019
    Funding has been secured for a major highway project that will help revitalise Bosnia’s economy. The European Bank for Reconstruction and Development (EBRD) has signed a deal that will supply a finance package worth €210 million. Coming in the shape of a loan, this will be utilised to help pay for the Doboj ring road, which will form part of the Corridor 5C highway link.
  • Senegal road development work planned
    March 14, 2022
    Road development work is planned for Senegal.