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

  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • EBRD financing for Albania and Kosovo
    December 16, 2020
    Financing from the EBRD will pay for works in Albania and Kosovo.
    Read More
  • 30% increase in cost expected for Bangladesh’s Padma Bridge project
    June 15, 2012
    The price of building the Padma Bridge in Bangladesh could rise by 30% due to the depreciation of the taka against the US dollar and rising construction material prices. The bridge had been most recently forecast to cost US$2.9billion, with budgets previously having risen two-fold from the US$1.22billion funding package approved in 2007 by Bangladesh’s Executive Committee of the National Economic Council (ECNEC).
    Read More

Highlighted Content