• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Sunday, May 31, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

ADB approves $235m to upgrade Pakistan’s National Highway 55

by Web Desk
August 19, 2021
in Business, Finance
0
ADB
249
SHARES
1.8k
VIEWS
Share on FacebookX

The Asian Development Bank (ADB) has approved a $235 million loan to upgrade the National Highway 55, locally referred to as N55, in Pakistan that is crucial to regional connectivity and strengthen the government’s operation and maintenance of its national highway network, the Philippines-based lending agency said in a statement on Thursday.

The project will expand the 222-kilometer Shikarpur–Rajanpur section of the N55 from two lanes into a four-lane carriageway, it said. The N55 is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 5 which links the ports of Karachi and Gwardar in southern Pakistan with national and international economic centers to the north, it added.

“This project will increase the capacity of a busy highway section that passes through populous economic centers in Sindh and Punjab provinces,” ADB Transport Specialist Rika Idei said. “The project addresses key road safety, climate resilience, and gender-specific needs to ensure users can travel safely, smoothly, and comfortably. This will facilitate the regional movement of goods and people, and support Pakistan’s economic recovery from COVID-19.”

Tags: ADBCARECGwardarlatestPakistan’s National Highway 55
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Pakistan repays $3.45bn to UAE, confirms central bank

Pakistan repays $3.45bn to UAE, confirms central bank

by Web Desk
April 24, 2026
0

Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of...

Next Post
truth

'Ashura gives message the truth will always prevail': PM Imran Khan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.