ISLAMABAD: The Pakistan government and the Asian Development Bank (ADB) on Wednesday signed loans and grant agreements amounting to $1.54 billion to improve energy, transport, irrigation, and urban sectors. ADB country director Yong Ye and Economic Affairs Division secretary Mian Asad Hayaud Din signed the agreements. The projects were approved by the ADB board of … Read more
ISLAMABAD: The authorities in Pakistan’s northwest Khyber-Pakhtunkhwa province are determined to tap the economic potential of the province through the development of special economic zones (SEZs), chief executive officer of the KP Economic Zones Development and Management Company (KPEZDMC) has said. The investment-friendly policies of the provincial government and efforts of the KPEZDMC have enabled … Read more
Asian Infrastructure Investment Bank (AIIB) has approved $511.81 million for four projects for the infrastructural development in Pakistan, mainly related to roads, energy, sanitation and mass transit. Associated press of Pakistan (APP) reported that AIIB will finance for the projects including National Motorway M-4 of US $ 100 million, Tarbela Hydropower Extension Projects US $ … Read more
