Download http://bigtheme.net/joomla Free Templates Joomla! 3
Home / Business / ADB approves $435 Million loan for Pakistan

ADB approves $435 Million loan for Pakistan

Asian Development Bank (ADB) on Tuesday approved $435 million for Pakistan in a bid to improve infrastructure of provinces of Sindh and Khyber Pakhtunkhwa (KP), reported Dunya News.

According to details, $330 million will be spent on the rapid transit system in Peshawar, KP. According to ADB, 26 km long road will be built in Peshawar, which will benefit the people and increase economic growth in the province. On the other hand, $100 milllion will be given as a loan to improve infrastructure in the province of Sindh.

KP and Sindh along with Balochistan lag behind in economic growth and infrastructural devolpment. This loan will help in advancements in the development sector of both provinces.

About Admin

Check Also

Pakistan can be gateway to Central Asia for oil, energy trade: Haroon

Special Assistant to Prime Minister on Revenue Haroon Khan has said Pakistan holds a very …

Leave a Reply

Your email address will not be published. Required fields are marked *