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ADB providing funding for Pakistan highway

Much of the funding for the completion work necessary for Pakistan’s M-4 Highway is being provided by the Asian Development Bank. This will come in the shape of a loan worth US$100 million. A further $34 million in funding is being provided through a grant from the Department for International Development (DFID) in the UK. The highway is of enormous economic importance for Pakistan and the region as it will boost trade and assist with political stabilisation of the region. The M-4Highway forms part of an
June 22, 2016 Read time: 1 min
Much of the funding for the completion work necessary for Pakistan’s M-4 Highway is being provided by the Asian Development Bank. This will come in the shape of a loan worth US$100 million. A further $34 million in funding is being provided through a grant from the Department for International Development (DFID) in the UK.

The highway is of enormous economic importance for Pakistan and the region as it will boost trade and assist with political stabilisation of the region. The M-4Highway forms part of an 1,800km route that connects the Central Asia Regional Economic Cooperation (CAREC) zone. This will link the port of Karachi with the north of Pakistan and also connect through to neighbouring Afghanistan and other Central Asian nations.

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