Pakistan is setting out plans to rebuild infrastructure that has been damaged by flooding. The work to rebuild highways and bridges damaged by the flooding is expected to cost nearly US$219 million. Funding to help pay for the work is being provided in the shape of a loan worth close to $197 million from the Philippines-based Asian Development Bank (ADB). Pakistan’s National Highways Authority (NHA) has set out a programme of works that involves repairing and upgrading a total of 212km of road as well as 33 bridges. The project is expected to take 36 months to complete.
Pakistan rebuilding flood-damaged infrastructure
Pakistan is setting out plans to rebuild infrastructure that has been damaged by flooding. The work to rebuild highways and bridges damaged by the flooding is expected to cost nearly US$219 million. Funding to help pay for the work is being provided in the shape of a loan worth close to $197 million from the Philippines-based Asian Development Bank (ADB). Pakistan’s National Highways Authority (NHA) has set out a programme of works that involves repairing and upgrading a total of 212km of road as well as 33
Finance & Funding / January 26, 2017