Work on 34 foreign-funded projects worth $3.65bn underway in KP

PESHAWAR: Work on 34 foreign-funded projects worth $3.65 billion is underway in Khyber-Pakhtunkhwa (K-P), revealed Economic Affairs Division (EAD) Secretary Mian Asad Hayauddin, in a meeting chaired by Federal Minister for Economic Affairs Omar Ayub Khan.

invest with imarat

Islamabad’s emerging city centre

Learn More

The projects being implemented are funded by the Asian Development Bank (ADB), European Union (EU), World Bank WB, and funds released by China, US, France, UK, Germany, Japan, and Saudi Arabia.

In this regard, the National Coordination Committee on Foreign-Funded Projects (NCC-FFP) held a meeting to review the progress of the projects being carried out.

The development projects include the installation of solar facilities in 8,000 schools under the Access to Clean Energy Investment Programme – facilitated by the ADB. Out of the total, work in 5,946 was completed, whereas the remaining work will be completed by June 2022.

The committee also reviewed the progress of the ‘Pehur High-Level Canal Extension Project’. The project worth $86.41 million – also funded by the ADB, will irrigate an area sprawling over 8,727 hectares in the Swabi and Nowshera districts of K-P, boosting agricultural activities in the area.

In addition, work on a total of 287 micro-hydropower plants (MHPP) has been completed, whereas 411 plants are yet to be installed.

 

For news and blogs, visit Graana.com.

 

Maham Tahir

Recent Posts

Chaaye Khana Unveils First-Ever Rooftop Outlet at Amazon Mall with Panoramic Views

ISLAMABAD, Pakistan – April 23, 2025 – Chaaye Khana, Pakistan's popular cafe renowned for its…

2 days ago

PM Shehbaz Inaugurates Murree Road Underpass Project

ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…

2 days ago

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

3 days ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

7 days ago

Citywide Anti-Encroachment Drive to Begin in Karachi

Karachi – Mayor Barrister Murtaza Wahab has announced the launch of a citywide anti-encroachment operation…

1 week ago

CDA Chairman Orders Revival of 23 Water Fountains with Artistic Lighting

ISLAMABAD: CDA Chairman Muhammad Ali Randhawa has directed the immediate restoration of 23 non-functional water…

1 week ago