Web Desk — Asian Development Bank (ADB) will provide loans and grants of $1055 million for 9 projects in Pakistan related to water and irrigation sector, reports 24 News HD.
According to source, 9 projects across 4 provinces – Balochistan, Khyber Pakhtunkhwa Punjab and Sindh — will be financed by ADB after approval.
The projects which are to be approved by ADB for financing including loans, grants and identified co-financing of dollars 1055 million for 2017-2019 are:
1. Balochistan Water Resources ($ 5 million)
2. Punjab Intermediate Cities Improvement Program – MFF, Tranche 01 ($ 200 million)
3. Greater Thal Canal Irrigation Project ($ 50 Million)
4. Balochistan Water Resources Project ($ 100 million)
5. Jalalpur Irrigation Project ($ 150 million)
6. Sindh Urban Development Project $100 million)
7. KP Intermediate Cities Project ($ 100 million)
8. Cholistan Water Resource Development Project ($ 150 million)
9. Punjab Intermediate Cities Improvement Program – MFF, Tranche 02 ($ 200 million)
Referring to the projects for Sahiwal and Sialkot cities costing dollars 200 million, to be approved by the Asian Development Bank, Vijay Padmanabhan, Technical Advisor (Urban) said that these on- going projects have been designed to improve drainage systems besides creating public and green spaces to reduce the impact of urban heat, addressing climate change issue.
The projects including water treatment plant for Sahiwal and Sialkot – two cities adjacent to China – Pakistan Economic Corridor (CPEC) are scheduled for approval by the Asian Development Bank this year, he added.