Pakistan’s transport projects are being planned

Pakistan is planning a massive investment in transport development projects. The country has set a budget of US$1 billion for vital road projects, which have gained approval from Pakistan’s federal Government. The three road infrastructure projects form part of the China-Pakistan Economic Corridor (CPEC). These include a $183 million road link stretching 110km between Basima and Khuzdar, a 210km dual carriageway between Yarik and Zhob costing $725.7 million and a $76.3 million road stretching 280km from Rai
April 18, 2017 Read time: 1 min
Pakistan is planning a massive investment in transport development projects. The country has set a budget of US$1 billion for vital road projects, which have gained approval from Pakistan’s federal Government. The three road infrastructure projects form part of the China-Pakistan Economic Corridor (CPEC). These include a $183 million road link stretching 110km between Basima and Khuzdar, a 210km dual carriageway between Yarik and Zhob costing $725.7 million and a $76.3 million road stretching 280km from Raikot to Thakot. The construction of these road links will help improve the connection from the port of Gwadar with Kashgar. A portion of the funding will come from China in the shape of loans, which will be agreed with the Executive Committee of National Economic Council (Ecnec).
Road Structures Finance & Funding

Related Content

  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • NSW Australia investing in transport
    June 20, 2013
    Australia’s New South Wales (NSW) Government has outlined its massive transportation investment in the WestConnex project. This will be the largest urban transport project in the history of New South Wales. Some A$1.8 billion will be invested over four years from Restart NSW, the state’s new infrastructure fund. to finance the WestConnex project. And A$111 million will be committed in 2013-14 to get work underway on the 33km motorway. The NSW Government will fund the initial sections of the motorway. Privat
    Read More
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
    Read More
  • Paraguayan plans
    April 7, 2014
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
    Read More

Highlighted Content