Tag Archives: ADB

Asian Development Bank supports public-private partnership development to improve infrastructure in Sindh

Islamabad, November 28, 2016 (PPI-OT): The Asian Development Bank (ADB) has approved a $100 million loan to strengthen the standards in the development and delivery of public-private partnership (PPP) projects and help bridge the infrastructure …

Asian Development Bank to help strengthen Pakistan’s National Disaster Risk Management

Islamabad, November 24, 2016 (PPI-OT): The Asian Development Bank (ADB) today has approved a $200 million loan to strengthen Pakistan’s disaster risk management including support to the National Disaster Risk Management Fund (NDRMF) to reduce …

Asian Development Bank $75 million loan to help Finance Pakistan’s Largest Wind Energy Farm

Islamabad, October 31, 2016 (PPI-OT): The Asian Development Bank (ADB) has approved a $75 million loan with Triconboston Consulting Corporation (TBCC) to support the development of the largest wind farm in Pakistan. The deal is …

Central Asian Countries identify $94 billion Energy Investment Needs to 2023

Islamabad, October 24, 2016 (PPI-OT):Central Asian countries have identified power investment needs of about $94 billion to 2023, according to an Asian Development Bank (ADB)-commissioned study presented at an energy forum today in Islamabad. Further, …

$810 million Asian Development Bank loan to help Pakistan address energy shortage

Islamabad, August 23, 2016 (PPI-OT):The Asian Development Bank (ADB) has approved an $810 million multi-tranche financing facility to develop Pakistan’s power transmission system, to improve the reliability and quality of energy supply, and to meet …

Asian Development Bank provides Pakistan $100 million for new section of motorway

Islamabad, June 21, 2016 (PPI-OT):The Asian Development Bank (ADB) and the Government of Pakistan today signed an agreement for a $100 million loan to build the remaining 64-kilometer section of the motorway (M-4) connecting Shorkot …

Investment Agreement signed for Turkmenistan-Afghanistan-Pakistan-India Pipeline

Ashgabat, April 07, 2016 (PPI-OT):The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement today in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, …

Asian Development Bank approves $197 million loan for Highway Rehabilitation in Pakistan

Manila, March 31, 2016 (PPI-OT):The Asian Development Bank (ADB) has approved a project loan of nearly $197 million to continue rebuilding highways and bridges damaged in Pakistan’s worst-ever floods in 2010. The funds will also …

Pakistan economic outlook positive but challenges remain: Asian Development Bank

Islamabad, March 30, 2016 (PPI-OT): Pakistan’s economy will continue to pick up in fiscal year (FY) 2016 as reform and stabilization measures provide a lift, with higher foreign exchange reserves, and softer inflation and oil …

Turkmenistan-Afghanistan-Pakistan-India shareholders agreement signed

Mary, December 15, 2015 (PPI-OT): The shareholders of TAPI Pipeline Company Limited have signed the Shareholders Agreement at a groundbreaking ceremony here to commemorate the beginning of construction of the Turkmen portion of the planned …