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ISLAMABAD: The Asian Development Bank has approved a $235 million loan to further upgrade a national highway in Pakistan that is crucial to regional connectivity and strengthen the government’s...
N55 is part of Corridor-5 linking the ports of Karachi and Gwadar.
The Asian Development Bank (ADB) has approved a $235 million loan to upgrade the National Highway 55, locally referred to as N55, in Pakistan that is crucial to regional connectivity and strengthen the government’s operation and maintenance of its national highway network, the Philippines-based lending agency said in a statement on Thursday. The project will expand the 222-kilometer Shikarpur–Rajanpur section of the N55 from two lanes into a four-lane carriageway, it said. The N55 is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 5 whi...
The project will expand the 222-kilometer Shikarpur–Rajanpur section of the N55
Loan imperative to strengthen government's operation and maintenance of its National Highway network, ADB says