Asian Development Bank will extend soft loan to Khyber Pakhtunkhwa government for construction and rehabilitation of all highways in the province.

The bank made announcement to this effect at a meeting of the high-level delegation of the Bank with Adviser to Chief Minister on Communication and Works, Akbar Ayub Khan in Peshawar.                

Initially the bank will provide 150 million dollars for reconstruction of provincial highways up to 300 kilometers.

Later the bank will expand up to 250 billion dollars soft loan upon successful and satisfactory execution of the 1st Phase.   

Meanwhile, an MoU was also signed between ADB and KP Government.

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