Funding found for planned Pakistan project

Funding has been secured for a major highway project in Pakistan. Some US$100 million is being provided by the Asian Infrastructure Investment Bank (AIIB) for work on Pakistan’s M-4 Motorway project. The investment will take the form of co-financing for the Shorkot-Khanewal section of this major road project. AIIB is based in China and has commented that there is major potential in Pakistan for infrastructure development.
May 9, 2016 Read time: 1 min
Funding has been secured for a major highway project in Pakistan. Some US$100 million is being provided by the Asian Infrastructure Investment Bank (AIIB) for work on Pakistan’s M-4 Motorway project. The investment will take the form of co-financing for the Shorkot-Khanewal section of this major road project. AIIB is based in China and has commented that there is major potential in Pakistan for infrastructure development.
Road Structures Finance & Funding

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Pakistan highway project underway

Construction work on a major highway project in Pakistan linking Peshawar with Karachi is now underway. Building the section from Sukkur to Multan is expected to take 36 months. Once complete, the six-lane highway will stretch 392km in length. In all the Peshawar-Karachi highway will be some 1,152km long and will also pass through Lahore. Funding worth US$2.89 billion is being provided by the Export-Import Bank of China with the construction work being carried out by China State Construction Engineering Cor
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