ADB to Fund K-P Roads Upgrade After Deadly Monsoon Floods in Pakistan
Heavy monsoon rains from June to September have resulted in nearly 350 fatalities and hundreds of injuries in Pakistan, particularly in the K-P and Punjab provinces.
The K-P Rural Roads Development Project will utilize the approved funds to upgrade approximately 900 kilometers of flood-affected rural roads.
The Special Investment Facilitation Council (SIFC) will oversee the implementation of this project.
“Road transport is both a lifeline to the people and a key component of socioeconomic development in Pakistan. This vital infrastructure project will reduce travel time, lower transportation costs, and increase access to economic opportunities for millions of residents in Khyber Pakhtunkhwa,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.
In December 2023, ADB approved three projects totaling $658.8 million to enhance Pakistan’s domestic resource mobilization, rehabilitate schools damaged by the August 2022 floods, and boost agricultural productivity to improve food security.
ADB has been actively engaged in various projects, including the K-P Cities Improvement Project.
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