ADB to provide 196 mln USD for road rehabilitation in Pakistan
Xinhua, January 23, 2017 Adjust font size:
The Asian Development Bank (ADB), signing an agreement with the Pakistani Economic Affairs Division, is to provide about 196.9 million U.S. dollars to the country for rehabilitation of roads, according to a local report on Monday.
The agreement for Post-Flood National Highways Rehabilitation Project was signed by Tariq Bajwa, secretary of the Economic Affairs Division, and Werner Liepach, ADB country director, in Islamabad, said the Radio Pakistan.
The project will contribute to the economic recovery of flood-affected areas in Khyber Pakhtunkhwa, Punjab, and Sindh provinces, aiming at restoring critical physical infrastructure to sustain livelihoods and accessing to markets as well as building post-disaster traffic management capacity of the National Highway Authority (NHA).
Under this project, the NHA will rehabilitate 212-km long roads and 33 bridges of the national highways network. The project will be completed in three years.
The total cost of the project is around 218.8 million dollars, said the report. Endit