The Asian Infrastructure Investment Bank (AIIB) has approved a $500 million loan to finance the reconstruction of a 40‑kilometre segment of Pakistan’s National Highway N‑5 under the Resilient Recovery, Rehabilitation and Reconstruction Framework. The project, managed by the National Highway Authority, involves a $95.5 million contract for Phase I‑A Section‑7, representing 90 % AIIB financing, alongside two consulting contracts for design review and environmental monitoring. Expected to begin advertising in February 2026, the works will span two years, aiming to widen and improve a critical transport corridor. The total estimated cost for all contracts is $104.14 million.
The Asian Infrastructure Investment Bank (AIIB) approved a $500 million loan to fund the reconstruction of Pakistan's National Highway N-5 under the Resilient Recovery, Rehabilitation and Reconstruction Framework. The loan will support Phase I‑A works, including road widening and improvement...
Turkey’s Ministry of Transport and Infrastructure has secured a US$2 billion World Bank loan, part of a US$6.75 billion financing package that includes the Asian Infrastructure Investment Bank, ADB, EBRD, Islamic Development Bank and OPEC Fund. The Istanbul North Rail Crossing Project...