ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) on Friday signed three significant projects, i.e., the Project Readiness Financing for Karachi-Rohri Section of Main Line-I, Project Readiness Financing (ML-I PRF), for the Quetta Bus Rapid Transit (Quetta BRT PRF), and Balochistan Water Resources Development Sector Project, which required an additional financing of around USD 62 million.
These projects and PRFs address the priority areas in connectivity, urban transport, and the water sector. These include ML-1 Karachi Rohri – USD 10 million, Quetta BRT – USD 3.8 million and Balochistan Water Project -$48 million.
Secretary of the Ministry of Economic Affairs Muhammad Humair Karim expressed appreciation for ADB’s role as a trusted development partner and its continued support to Pakistan to complement the development agenda of the country.
ADB approves $48mn financing for water resources development in Balochistan
The Secretary appreciated ADB’s support for these critical projects, which would significantly contribute to Pakistan’s long-term and sustainable economic growth, address the vital urban infrastructure needs of Quetta city, and enhance agricultural productivity in Balochistan Province. He acknowledged the efforts of the Ministry of Railways and the Balochistan Government. He called for the timely and effective utilisation of the financing to ensure successful implementation.
Emma Fan, Country Director ADB, expressed appreciation for the Government of Pakistan’s strong commitment to these projects. She highlighted the importance of the two projects for Balochistan and noted the Railways Improvement Project PRF as a key step toward railways modernisation. She also reaffirmed ADB’s continued commitment to working closely with the Ministry of Economic Affairs and other stakeholders to ensure its support remains aligned with Pakistan’s development priorities.
Copyright Business Recorder, 2025
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