Tag Archives: Asian Development Bank

ADB Extends $86.41 Mln For Irrigation Project In KP

ISLAMABAD, June 12 (APP): Asian Development Bank (ADB) and the Government of Pakistan Friday signed a loan agreement of $86.41 million for the extension of the Pehur High Level Canal in the Swabi and Nowshehra districts of Pakistan’s Khyber Pakhtunkhwa (KP) province. Finance Minister Mohammad

ADB To Provide Pakistan $1.055B For Nine Projects

YOKOHAMA: The Asian Development Bank (ADB) will provide financing in form of loans and grants valuing $1.055 billion for nine projects in Pakistan. According to sources in the ADB, the funds will be provided for water and irrigation sectors between 2017 and 2019. The projects, which

Senate Body Annoyed Over No Progress On Western Route Of CPEC

Islamabad: The Senate Standing Committee on Communication has expressed annoyance over the non-initiation of work on the western route of the China-Pakistan Economic Corridor (CPEC) and demanded Prime Minister Nawaz Sharif to take a notice. The committee met in the Parliament House with Senator Daud

Pak Railway To Get Huge Investment Through CPEC

Pakistan Railways might be able to get huge investments for upgrading the tracks and new railway infrastructure all over the country under the Central Asia Regional Economic Cooperation (CAREC) and China Pakistan Economic Corridor (CPEC) which would link Central Asia and China with the Pakistan’s

ADB Interested To Invest In Gwadar And CPEC

Islamabad: Asian Development Bank (ADB) has expressed interest in investing in Gwadar city and the China Pakistan Economic Corridor (CPEC) but it has not received a formal request by the federal government to do so. ADB Vice president Wencai Zhang said that, “The CPEC, Special

Balochistan Highway Projects To Resume Work

Islamabad- The case on two crucial highway projects in Balochistan worth 17 billion rupees is dismissed and work will start soon on the highways under China Pakistan Economic Corridor (CPEC). The two projects would be financed by the Asian Development bank (ADB) and would complete