TODAY’S PAPER | May 27, 2026 | EPAPER

AIIB offered partnership in Punjab projects

CM welcomes support for surface water treatment


Our Correspondent May 26, 2026 1 min read

LAHORE:

Punjab Chief Minister Maryam Nawaz Sharif has offered the Asian Infrastructure Investment Bank (AIIB) partnership in development projects in the province.

AIIB Chief Investment Officer Konstantin Limitovskiy called on the CM and discussed matters of mutual interest and enhancement of institutional cooperation. AIIB Director General Xiaohong Yang was also present.

The chief minister briefed the delegation about development projects in Punjab and offered the AIIB partnership in development projects in the province.

CM Maryam Nawaz said the Punjab government's "Apni Chhat, Apna Ghar" programme had been appreciated during the 13th session of the Baku Urban Forum, adding that more than 100,000 houses had been constructed within a year.

She said electric bus and e-bike programmes were being successfully implemented in every part of Punjab.

The chief minister appreciated AIIB's cooperation in the signing of a memorandum of understanding for improvement of water and sanitation infrastructure in Lahore, saying mutual agreements reflected the bank's confidence in Punjab's development and reform agenda.

She said the Lahore Wastewater and Drainage Management Project, including the sewerage network and wastewater treatment plant at Babu Sabu, would help improve the drainage system.

CM Maryam Nawaz said AIIB's support for the proposed surface water treatment plant at the BRBD Canal was valuable and added that cooperation with the bank would bring positive changes in urban culture. She said Punjab was moving rapidly towards environmental protection and improvement of public health, adding that the province was heading towards a new model of urban governance.

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