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

  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
    Read More
  • Plan for bridges in India’s Madhya Pradesh State
    September 27, 2018
    A loan facility worth US$175 million will help pay for upgrade works to 350 bridges in India’s Madhya Pradesh State.
    Read More
  • Vietnam planning major transport upgrade programme
    November 23, 2015
    Vietnam is planning a series of major works to upgrade transport in the Central Highlands area. The Vietnamese Government has released plans to spend some US$4.95 billion improving transport infrastructure in the Central Highlands. A significant portion will be used for 12 projects to build and upgrade several sections of national highways. Government funding will pay for a portion of this work, with private sources providing the remaining financing, although further details have not yet been released.
    Read More
  • Sri Lanka elevated highway upgrade planned
    May 7, 2019
    Upgrade work is planned for an elevated highway in Sri Lanka.
    Read More

Highlighted Content