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Japan to rehabilitate KP roads with over Rs820 million fund National January 10, 2021 PESHAWAR: The government of Japan has approved the disbursement of Rs 820,686,231 to rehabilitate the roads damaged by floods in Khyber Pakhtunkhwa. The amount would be provided from the Counter Value Fund to support the project of “Rehabilitation of Flood Damaged Rural Roads in Khyber Pakhtunkhwa”. The embassy of Japan issued a note for its approval on January 6, said a press release issued by the honorary Consulate General here on Saturday. The Counter Value Fund is an official development fund mutually administered by the government of Japan and Pakistan. ....
Japan supports rehabilitation of flood-damaged roads in KPK Format Japan approves disbursement of over Rs.820 million The Government of Japan has approved the disbursement of Rs.820,686,231 from the Counter Value Fund to support the “Project of Rehabilitation of Flood Damaged Rural Roads in Khyber Pakhtunkhwa (KPK). The Embassy of Japan issued a Note Verbale for its approval on January 6, 2021. Reinforce agriculture-based rural economy by road rehabilitation Japan has received a request from Pakistan to help restore rural roads damaged by the 2015 flood, which killed 238 people, affected 1.933 million people and damaged 10,716 houses (Annual Flood Report 2015, Ministry of Water & Power). In this project, one section (8km) in the District Swat and two sections (12km and 9km respectively) in the District Haripur among the roads damaged by the flood will be rehabilitated. ....