{"id":86238,"date":"2022-05-28T17:15:00","date_gmt":"2022-05-28T12:15:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86238"},"modified":"2022-05-27T17:16:18","modified_gmt":"2022-05-27T12:16:18","slug":"adb-usd-2-bn-development-in-pak","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-usd-2-bn-development-in-pak.html","title":{"rendered":"ADB to allocate USD 2 bn for development projects in Pak"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) on Thursday (May 26) announced a proposal of USD 2 billion in funding for development projects in Pakistan during the coming months, news sources reported. The funding will be released following consultation with public and private organisations.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/adb-disburses-over-usd-1-bn-in-loans-aid.html\" data-type=\"post\" data-id=\"85642\" target=\"_blank\" rel=\"noreferrer noopener\">ADB disburses over USD 1 bn in loans, aid<\/a><\/p>\n\n\n\n<p>According to reports, the ADB would support initiatives related to food security, water, irrigation, and education. The announcement was made by ADB Deputy Country Director Asad Aleem during a consultation meeting with the <a href=\"https:\/\/www.zameen.com\/news\/lhrisb-investor-friendly-bylaws-attract-karachi-builders.html\" data-type=\"post\" data-id=\"77816\" target=\"_blank\" rel=\"noreferrer noopener\">Lahore Chamber of Commerce and Industry (LCCI)<\/a> in Lahore. He stated that consultative sessions had also been held with the governments of Sindh and Punjab in order to ensure the proper execution of vital programmes for Pakistan&#8217;s development.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-estimates-punjab-real-estate-sectors-tax-potential.html\" data-type=\"post\" data-id=\"84449\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank shares estimates on Punjab real estate sectors\u2019 tax potential<\/a><\/p>\n\n\n\n<p>LCCI Senior Vice President Mian Rehman Aziz Chan said on the occasion that ADB has funded approximately USD 37 billion for the country&#8217;s socio-economic development since 1996. This excellent collaboration has resulted in the development of society&#8217;s lowest segments<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) on Thursday (May 26) announced a proposal of USD 2 billion in funding for development projects in Pakistan during the coming months, news sources reported. The funding will be released following consultation with public and private organisations. Read: ADB disburses over USD 1 bn in loans, aid According to reports, the ADB would support initiatives related to food security, water, irrigation, and education. The announcement was made by ADB Deputy Country Director Asad Aleem during a consultation meeting with the Lahore Chamber of Commerce and Industry (LCCI) in Lahore. He stated that consultative sessions had also been held with the governments of Sindh and Punjab in order to ensure the proper execution of vital programmes for Pakistan&#8217;s development.\u00a0\u00a0 Read: World Bank shares estimates on Punjab real estate sectors\u2019 tax potential LCCI Senior Vice President Mian Rehman Aziz Chan said on the occasion that ADB has funded approximately USD 37 billion for the country&#8217;s socio-economic development since 1996. This excellent collaboration has resulted in the development of society&#8217;s lowest segments<\/p>\n","protected":false},"author":84,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[52474,24453],"persona":[],"class_list":{"0":"post-86238","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-adb-to-allocate-usd-2-bn-for-development-projects-in-pak","9":"tag-asian-development-bank-adb","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB to allocate USD 2 bn for development projects in Pak - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Development Bank (ADB) on Thursday (May 26) announced a proposal of USD 2 billion in funding for development projects in Pakistan\" \/>\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\/adb-usd-2-bn-development-in-pak.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB to allocate USD 2 bn for development projects in Pak - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Development Bank (ADB) on Thursday (May 26) announced a proposal of USD 2 billion in funding for development projects in Pakistan\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-usd-2-bn-development-in-pak.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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