ADB to give $196 mn for Pakistan

Islamabad, Jan 23 (IANS) The Asian Development Bank (ADB) will provide $196.9 million to Pakistan for improving its roads, the media reported on Monday.

The agreement for Post-Flood National Highways Rehabilitation Project was signed here by Tariq Bajwa, Secretary in the Economic Affairs Division, and Werner Liepach, the ADB country director, said Radio Pakistan.

The project will contribute to the economic recovery of flood-affected areas in Khyber-Pakhtunkhwa, Punjab and Sindh provinces.

Under this project, the NHA will rehabilitate 212 km of roads and 33 bridges of the national highways network. The project will be completed in three years.

The total cost of the project is $218.8 million dollars.

–IANS

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