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Asian Development Bank Approves $320 Million Loan for Khyber Pakhtunkhwa Road Restoration Project

This loan will support the construction of 900 kilometers of roads in rural areas, enhance flood protection, and promote tourism in the area.
by TNN Editor - 13 Sep, 2024 363
asian-development-bank-approves-320-million-loan-for-khyber-pakhtunkhwa-road-restoration-project

The Asian Development Bank (ADB) has approved a $320 million loan for Khyber Pakhtunkhwa, aimed at funding a major road restoration project in the region.

This loan will support the construction of 900 kilometers of roads in rural areas, enhance flood protection, and promote tourism in the area.

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The newly constructed roads will significantly improve access to educational institutions, hospitals, and markets, benefiting the local population.

Additionally, the project's success is expected to reduce transportation costs and boost economic activities in the region.