{"id":80751,"date":"2021-10-21T12:26:20","date_gmt":"2021-10-21T07:26:20","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80751"},"modified":"2021-10-21T12:26:25","modified_gmt":"2021-10-21T07:26:25","slug":"aiib-mulls-co-financing-punjabs-highway-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/aiib-mulls-co-financing-punjabs-highway-project.html","title":{"rendered":"AIIB mulls co-financing Punjab\u2019s highway development project"},"content":{"rendered":"\n<p>Islamabad: The Asian Infrastructure Investment Bank (AIIB) is mulling co-financing the highway development project of the Punjab government, according to a news published on October 19.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/aiib-road-infrastructure.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab, AIIB discuss modalities of expanding, upgrading road infrastructure in various cities<\/a><\/p>\n\n\n\n<p>As per the details shared, AIIB is considering extending a loan of USD 321 million required to dualise 535 kilometres of provincial highways equipeed with road safety, maintenance and climate-resilient features in southern Punjab.<\/p>\n\n\n\n<p><br>Reportedly, the Punjab government highway project is estimated to cost USD 817 million, with financing worth USD 407 million to be provided by the Asian Development Bank (<a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/adb-provide-usd-6-billion-pakistan-3-years.html\" target=\"_blank\">ADB<\/a>) \u2013 as the lead co-financer.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/aiib-review-lahores-tunnel-boring-sewerage-project-next-meeting.html\">AIIB to review Lahore\u2019s tunnel-boring sewerage project in its next meeting<\/a><\/p>\n\n\n\n<p>It is highlighted that the highways project will help enhance east-west connectivity in southern Punjab and bring it at par with the relatively prosperous northern Punjab. The said dualisation project is also expected to improve farm-to-market access and slash traffic accidents by 30%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Infrastructure Investment Bank (AIIB) is mulling co-financing the highway development project of the Punjab government, according to a news published on October 19. Read: Punjab, AIIB discuss modalities of expanding, upgrading road infrastructure in various cities As per the details shared, AIIB is considering extending a loan of USD 321 million required to dualise 535 kilometres of provincial highways equipeed with road safety, maintenance and climate-resilient features in southern Punjab. Reportedly, the Punjab government highway project is estimated to cost USD 817 million, with financing worth USD 407 million to be provided by the Asian Development Bank (ADB) \u2013 as the lead co-financer. Read: AIIB to review Lahore\u2019s tunnel-boring sewerage project in its next meeting It is highlighted that the highways project will help enhance east-west connectivity in southern Punjab and bring it at par with the relatively prosperous northern Punjab. The said dualisation project is also expected to improve farm-to-market access and slash traffic accidents by 30%.<\/p>\n","protected":false},"author":75,"featured_media":61474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[49034,24453],"persona":[],"class_list":{"0":"post-80751","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-aiib-mulls-co-financing-punjabs-highway-development-project","10":"tag-asian-development-bank-adb","11":"cat-15016-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AIIB mulls co-financing Punjab\u2019s highway project - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Infrastructure Investment Bank (AIIB) is mulling co-financing the highway development project of the Punjab government, according to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/aiib-mulls-co-financing-punjabs-highway-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIIB mulls co-financing Punjab\u2019s highway project - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Infrastructure Investment Bank (AIIB) is mulling co-financing the highway development project of the Punjab government, according to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/aiib-mulls-co-financing-punjabs-highway-project.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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