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

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
    Read More
  • Bangladesh highway development project for trade corridor
    October 27, 2017
    Funding worth US$1.2 billion will help pay for the stage two portion of the project to upgrade the Northwest Trade Corridor project in Bangladesh. The highway will improve transport connections to and from Dhaka, with stage two being for the 190km stretch between Elenga and Rangpur. This funding is being provided by the Philippines-based Asian Development Bank (ADB), although further financing from the Bangladesh Government will pay for the remaining $472.6 million required for this highway section.
    Read More
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More

Highlighted Content