Karachi, November 29, 2016 (PPI-OT): Economy
The Asian Development Bank (ADB) on Monday approved $100 million in loan to co-finance a project aimed at improving public-private partnerships for infrastructure developments in Sindh. The UK government’s Department for International Development will also co-finance the project with $19.23 million in grant and $4.75 million in technical assistance, while the provincial government will contribute $65 million. The project’s combined cost is estimated at $188.98 million. https://www.thenews.com.pk/print/168304-ADB-approves-100mln-loan-for-infrastructure-development