Pakistan, ADB sign $61.8m agreements

Pakistan and the Asian Development Bank (ADB) on Friday signed agreements for three major development initiatives to support priority needs in connectivity, urban transport, and the water sector.

These included the Project Readiness Financing for Karachi-Rohri Section of Main Line-I, Project Readiness Financing (ML-I PRF) amounting to $10 million, for the Quetta Bus Rapid Transit (Quetta BRT PRF) $3.8 million, and Balochistan Water Resources Development Sector Project — Additional Financing amounting to $48 million.