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

  • Kazakhstan roads benefiting from Japanese loan
    May 28, 2012
    A major loan from Japan will help develop the road transport network in Kazakhstan. The Japanese government will provide a loan to the Republic of Kazakhstan worth US$76 million. The sum will be used to develop the country's road infrastructure and will boost Kazakhstan's access to European and Asian markets. The loan will allow a new bypass to be built on one of the country's main transport arteries in the southern Zhambyl province, as well as the rehabilitation of other existing routes.
  • Vietnam’s major road and bridge projects
    September 27, 2021
    Work continues for Vietnam’s major road and bridge projects.
  • Kenya road construction project awarded
    April 30, 2021
    A major Kenyan road construction project has been awarded.
  • Plans in hand for major Ethiopian road programme
    September 22, 2014
    In Ethiopia plans are in hand for a series of major road projects. The Ethiopian Government has set out a programme of road building contracts to expand the country’s transportation network. The Addis Ababa City Roads Authority (AACRA) intends to build 600km of roads in the 2014/2015 fiscal year. This will extend Ethiopia’s road network from 4,671-5,275km. However AACRA still requires some £189.5 million to complete this project. So far AACRA has received US$305 million from Addis Ababa City Administration,