Today's Edition
MANILA (WAM)
The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of roads in the province of Khyber Pakhtunkhwa in Pakistan, enhancing safe and all-weather connectivity in rural areas.
The Khyber Pakhtunkhwa Rural Roads Development Project will upgrade around 900 kilometres of rural roads in the province that are susceptible to floods and are in poor condition. These cover key routes that link remote communities to education, health care, and markets. The project includes measures to incorporate climate-resilient design, road safety enhancement, and sustainable maintenance practices.
“Road transport is both a lifeline to the people and a key component of socioeconomic development in Pakistan. This vital infrastructure project will reduce travel time, lower transportation costs, and increase access to economic opportunities for millions of residents in Khyber Pakhtunkhwa,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “By providing better access to markets and services, we are empowering local communities and driving inclusive economic growth in one of Pakistan’s most underserved regions.”
Pakistan was a founding member of ADB. Since 1966, ADB has committed over $52 billion in public and private sector loans, grants, and other forms of financing to promote inclusive economic growth in Pakistan and improve the country’s infrastructure, energy and food security, transport networks, and social services.
