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

  • Somalia transport projects receiving funding
    April 26, 2017
    A series of transport projects will help boost the struggling economy of Somalia.
    Read More
  • Romanian roads under construction
    May 9, 2012
    Funding worth some €177.5 million from the European Commission (EC) will pay for a highway construction project in Romania. This non-refundable financing will pay for the construction of a 27.4km stretch of the Lugoj-Dumbrava highway. This section forms part of Lugoj-Deva highway that is itself a part of the Pan-European Corridor IV.
    Read More
  • Tender opening for crucial new Bulgarian highway
    November 14, 2012
    The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the European Invest
    Read More
  • Bosnia’s highway tender plans
    February 24, 2021
    The tender process is being planned for a Bosnian highway project.
    Read More

Highlighted Content