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

  • Tanzania to Burundi road links to be upgraded
    December 7, 2018
    Two roads linking Tanzania with Burundi in East Africa will be upgraded. Construction work will start in 2019. Some US$322 million of funding is being provided by the African Development Bank (AfDB). Upgrades will be carried out on the roads connecting Rumonge with Gitaz as well as Kabingo with Kasulu and Manyovu. An new border post will be constructed.
  • Towards an EU framework for the security of widezones: research project “ZONeSEC”
    June 8, 2015
    The security and safety of the EU’s key infrastructure is a major issue and requires Pan-European agreement Critical infrastructure, such as highways, energy lines or pipelines, may spread over large areas covering wide geographic zones. There is clearly a need to provide proper security for such infrastructure against illicit actions and against incidents that may escalate to crises. As a result, developing 24/7 surveillance systems for the security of Wide Zones (with multiple assets at localised scale
  • Paraguay plans public projects
    March 10, 2014
    Paraguay is planning to launch a series of project tenders during 2014. The country's public works and communications ministry (MOPC) intends to invest some US$700 million in 19 infrastructure road tenders during 2014, according to Business News Americas. Two tenders for the construction and rehabilitation of Asunción's eastern access road and the Cruce Guaraní-Pindoty Porá route in Canindeyú department have already been launched. These are due to be awarded shortly. In the first quarter of 2014, MOPC aims
  • Vietnam's road improvements
    March 2, 2012
    The Asian Development Bank (ADB) is providing funding worth a total of US$210 million to the Vietnamese Government for infrastructure improvements.