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
ahm/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app