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

  • Kenya-Tanzania link road designed
    May 19, 2017
    Design work has been completed for a key stretch of the highway that will provide a new link between Kenya and Tanzania. The plans for the 210km section in Kenya between Malindi in Kilifi County and Lunga Lunga in Kwale County have been completed. This stretch will form part of the Lamu-Dar es Salaam highway from Kenya to Tanzania. The Kenyan Government is now sourcing funding for the project and hopes to obtain the necessary financing packages from the World Bank and the African Development Bank. The proj
    Read More
  • Developing India’s roads with new machines
    February 10, 2017
    As part of the government’s plans to accelerate economic growth, a major expansion of India’s road network is underway Many cities in India are set to benefit from the government’s ambitious plan to use infrastructure investment to boost the economy. There are currently 11 ongoing projects across India’s road network, funded by the World Bank. Once complete, the road network will make travelling more efficient and boost India’s economic activity. The initiative will see the construction of new major
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Serbia-Kosovo highway work starting
    October 12, 2021
    Work is finally starting on the Serbia-Kosovo highway project.
    Read More

Highlighted Content