News

ADB support key to strengthen Pakistan’s energy sector: Independent Evaluation

The Asian Development Bank’s (ADB) support to Pakistan’s energy sector has produced positive results from investment programs supporting three key areas: conventional generation, power transmission, and, to a lesser extent, electricity distribution, according to a report by Independent Evaluation on the bank’s contribution to the country’s energy sector.

Pakistan opens Gojra–Shorkot Motorway funded by ADB and DFID

The motorway is part of the Pakistan Economic Corridor Program to upgrade highway networks connecting the country’s southern and northern parts, helping improve road links between Pakistan and the neighboring Central Asian countries as well as the People’s Republic of China.

ADB, Pakistan sign $284 million deals to upgrade power transmission network

The Asian Development Bank (ADB) and the Government of Pakistan signed loan and grant agreements worth $284 million to improve Pakistan’s power transmission network.

ADB provides additional financing to improve roads in Khyber Pakhtunkhwa

The Asian Development Bank (ADB) has approved a $75 million loan as additional financing for a project that aims to improve road conditions, capacity, and road safety on provincial roads in Khyber Pakhtunkhwa in Pakistan. The additional funding will widen and enhance 42 kilometers of the total length (53.9 km) of the chronically congested and unsafe Mardan–Swabi road.

ADB President reaffirms support to CAREC at 17th Ministerial Conference

Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.

ADB affirms support for Pakistan’s development agenda

Asian Development Bank (ADB) Vice-President Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country.

The CASA-1000 project crosses another important milestone

By putting in place the commercial and institutional arrangements and the transmission infrastructure, the World Bank Group-supported Central Asia-South Asia Regional Electricity and Trade Project (CASA-1000) is the first step toward creating the Central Asia-South Asia Regional Electricity Market (CASAREM).

Experts discuss bridging funding gap for Asia’s $8.4 trillion transport needs

Meeting Asia and the Pacific’s transport needs will require $8.4 trillion in financing by 2030, said Asian Development Bank (ADB) President Takehiko Nakao.

CAREC to enhance Pakistan’s exports to [People’s Republic of] China: ADB

Asian Development Bank sees opportunities for Pakistan in CAREC Program to expand and diversify its exports to the People's Republic of China and Central Asian states, underscoring a need for increasing ownership of the projects for regional connectivity and economic cooperation.

ADB provides $260 million to expand power transmission network in Pakistan

The agreement is part of the Second Power Transmission Enhancement Investment Program aimed to improve coverage, reliability, transparency, and quality of the power transmission service in Pakistan by expanding the 220-kilovolt transmission network in Sindh and Balochistan provinces, and upgrading the supervisory control and data acquisition (SCADA) and revenue metering systems (RMS) in the country.