ADB approves $400m for NHA projects

[A.Rafay]

ISLAMABAD - Asian Development Bank (ADB) has approved $170 million for National Trade Corridor Highway Investment Programme Project-1 under which 58km Faisalabad-Gojra section is being realised and $ 39 million have been disbursed. Likewise $230 million are allocated for National Highway Development Investment Programme (Project-2). 68 km Sukkur-Jacobabad and 150 km Qila Saifullah -Zhob Road projects are being built through this programme. This was informed in a meeting presided over by Chairman National Highway Authority (NHA) Muhammad Javaid Iqbal Awan to review national highway projects being undertaken with the cooperation of ADB. The ADB Mission was led by transport specialist Dong Soo Pyo. Detailed discussions were made on technical issues of ADB Aided Projects. The meeting also discussed ways and means to solve such issues for earlier completion of the schemes. On this occasion, NHA chief commended the services of the ADB, for providing financial assistance in national highway schemes. He desired to overcome the issues through mutual consultation so that projects could be realised as per schedule. The meeting also discussed various aspects of pipeline projects for 2012-13 which include 20 km segment of Hassanabdal-Havelian Expressway and Gojra-Shorkot section of Faisalabad-Multan.

ADB approves $400m for NHA projects | Pakistan Today | Latest news | Breaking news | Pakistan News | World news | Business | Sport and Multimedia