$200m Hassanabdal-Havelian Expressway agreement signed with ADB

[Edevelop]

ISLAMABAD – Agreement of 59 kilometer Hassanabdal (Burhan)-Havelian Expressway (E-35) project worth $200 million was signed with Asian Development Bank (ADB) here on Wednesday.


Prime Minister Nawaz Sharif witnessed the signing ceremony of the project at the Prime Minister’s House. ADB President Mr Takehiko Nakao was also present on the occasion. The loan agreement was signed by the Economic Affairs Division secretary while the project agreement was signed by National Highway Authority chairman.


From the Bank’s side both the agreements were signed by ADB Pakistan Country Director Mr Werner Liepach. The Hassanabdal-Burhan-Havelian Expressway Project was part of the National Trade Corridor. It will connect existing M1 at Hassanabdal to Havelian, and will further extend to Abbottabad and Mansehra to North.


The Project is almost parallel with existing N5 which is being urbanized in many sections. Due to high traffic volume and deteriorated road condition, E35 is becoming necessary in order to develop inter-provincial linkages to improve sub-regional connectivity within Pakistan.


Proposed project will construct a north-south access controlled expressway system to link the northern area of Pakistan to existing expressway network and lead to better connectivity and for improving linkages with neighboring countries like China and Afghanistan as well as Central Asian States.


Federal Minister for Finance Ishaq Dar, the secretary finance and the secretary communications also witnessed the ceremony. Earlier, ADB president called on the prime minister and discussed matters of mutual interest.

$200m Hassanabdal-Havelian Expressway agreement signed with ADB

 

[karakoram]

A very good move.

 

[Edevelop]

 

[Missile]

Commission Junction. There are many local companies who can do this and the best of them is FWO. So Now they are opening Up for what they are here for. Good Project But Nothing for Local Companies.

 

[raazh]

I am all up for development and investment but Govt (NS) MUST FIRST fix the system and departments .. all this investment will go down the drain because our system and departments are dud and corrupt to the core .. the heads are all safarshi political appointees and have little to no Skill relevant to their posts .. all they know is how to accumulate all the perks authorized and then some more

 

[volatile]

Commission Junction. There are many local companies who can do this and the best of them is FWO. So Now they are opening Up for what they are here for. Good Project But Nothing for Local Companies.

Well one local company did built Pindi Bhattian Faislabad motor way and result is there too much uneven road with bad compaction .All our local co lacks technology as well as good compaction capacity

 

[shaheenmissile]

When our governmrnt will understand that electricity is needed more than roads.

Same 200 million could have been spent on wind turbines which suit the windy mountains of Abbottabad.

 

[ghoul]

Although PML-N isn't that bad, they need to think beyond roads and infrastructure too for a change. Like try and raise the general literacy rate too for a change.

 

[AZADPAKISTAN2009]

lol road when people need food and facilities , he keeps building roads

 

[Sulman Badshah]

It will help to boost the tourism in Mansehra

 

[shaheenmissile]

3 Million Dollar per 5 Megawatt Wind turbine would have installed 65 Wind turbines on the windy mountains highly suitable for wind power generation.
That could have generated some 300+ megawatts of electricity in 200 million Dollars.
thats enough electricity for 170,000 homes or may be more.

 

[SBD-3]

Although PML-N isn't that bad, they need to think beyond roads and infrastructure too for a change. Like try and raise the general literacy rate too for a change.

Literacy rate takes a considerable amount of time. For example, a youngling needs at least 16 years of schooling to reach college. That is given he/she doesn't drop out for varying reasons. Plus unless incomes of people and economic activity is not boosted, the opportunities to absorb the current as well as future output of educational institutes are possible to create. The casualty is not true that increased literacy necessarily boosts development. For example, Sri Lanka despite having 95+% literacy rate couldn't prosper due to lack of economic resources and, of course, the deteriorated law and order. Japan's first education policy wasn't to produce PhDs, Scholars, Engineers and Doctors but to produce labor that had enough knowledge base to be able to man local industry. So education and development is a very complex phenomenon. The infrastructure boosts regional connectivity and thus economic activity. Gov't can't directly involve herself in business because its not the job of the Government to boost the economy directly but rather aid and facilitate the industrial infrastructure to expand and thus create more jobs and help more families in pulling them out of vicious trap of poverty.

 

[Zee-Gen]

This road was badly needed as it’s the only way to reach airport in Islamabad and train station in Pindi…….plus the local markets of Hazara division have to rely heavily on Pindi market for there local needs………and most of you will be surprised that it takes almost about 1.5 hours to travel just 36 km……and almost 4 hours to reach airport…..the reason is all the heavy transportation to Haripur, Abbottabad, Mansehra up to the Gilgit and China goes by this single lane road…….plus tourists’ rush during season’s time……definitely will help retaining the calmness of my City of Pine……

 

[ghoul]

Literacy rate takes a considerable amount of time. For example, a youngling needs at least 16 years of schooling to reach college. That is given he/she doesn't drop out for varying reasons. Plus unless incomes of people and economic activity is not boosted, the opportunities to absorb the current as well as future output of educational institutes are possible to create. The casualty is not true that increased literacy necessarily boosts development. For example, Sri Lanka despite having 95+% literacy rate couldn't prosper due to lack of economic resources and, of course, the deteriorated law and order. Japan's first education policy wasn't to produce PhDs, Scholars, Engineers and Doctors but to produce labor that had enough knowledge base to be able to man local industry. So education and development is a very complex phenomenon. The infrastructure boosts regional connectivity and thus economic activity. Gov't can't directly involve herself in business because its not the job of the Government to boost the economy directly but rather aid and facilitate the industrial infrastructure to expand and thus create more jobs and help more families in pulling them out of vicious trap of poverty.

I'll have to disagree with you. There's no argument against investing in education. Yes, literacy rate gets increased over the year, but who is stopping your from making new schools in deprived places like Fata and South Punjab. I believe the education isn't promoted by political parties like PML-N because it would increase the general labour cost, which wouldn't sit in well with the industrialists backing PML-N.

As for your Sri Lankan example, well, Sri-Lanka is the most prosperous state in South Asia and growing at a rate of 6% per annum. Within the next few decades, they'll reach the level of Malaysia I bet. Another example of importance of education is Argentina and US. In early 1900s, Argentina was among the top 4 richest countries on Earth, and it's economy was almost as big as American. But their literacy rate was 30% compared to the American 90% at that time. Look at where Argentina is now and where US is. My point being, there's no argument against education. Simple.

 

[SBD-3]

I'll have to disagree with you. o iThere's no argument against investing in education. Yes, literacy rate gets increased over the year, but whs stopping your from making new schools in deprived places like Fata and South Punjab. I believe the education isn't promoted by political partie like PML-N because it would increase the general labour cost, which wouldn't sit in well with the industrialists backing PML-N.s

As for your Sri Lankan example, well, Sri-Lanka is the most prosperous state in South Asia and growing at a rate of 6% per annum. Within the next few decades, they'll reach the level of Malaysia I bet. Another example of importance of education is Argentina and US. In early 1900s, Argentina was among the top 4 richest countries on Earth, and it's economy was almost as big as American. But their literacy rate was 30% compared to the American 90% at that time. Look at where Argentina is now and where US is. My point being, there's no argument against education. Simple.

Adult literacy rises to 57 percent, Punjab tops, Balochistan at rock bottom in literacy | Pakistan Today
District Education Rankings - Alif Ailaan
Check the literacy score and school infrastructure score for southern Punjab. There has been a considerable investment in school infrastructure in Southern Punjab but due to higher poverty and lack of economic activity, the trade offs of sending a child to school than to a shop for work are still high.