National Motorway M-4 Gojra-Shorkot-Khanewal Section Project - Additional Financing (ADB-48402-002)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 24, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Dec 12, 2017

Disclosed by Bank Sep 27, 2016


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Project Description
The additional financing will support an increase in the scope of the current project by constructing a 64-kilometer (km) four-lane, access-controlled motorway connecting Shorkot and Khanewal in Punjab Province, which is the last missing section of the national motorway M-4 to be constructed. The project will facilitate north-south connectivity, improve quality and efficiency of road transport services, and promote inclusive economic growth.
Investment Description
  • Asian Development Bank (ADB)
  • Asian Infrastructure Investment Bank (AIIB)
Grant 0482-PAK: National Motorway M-4 Gojra Shorkot-Khanewal Section Project - Additional Financing Department for International Development US$ 34.00 million Loan 3395-PAK: National Motorway M-4 Gojra Shorkot-Khanewal Section Project - Additional Financing Ordinary capital resources US$ 100.00 million Loan 8308-PAK: National Motorway M-4 Gojra Shorkot-Khanewal Section Project - Additional Financing Asian Infrastructure Investment Bank US$ 100.00 million
Contact Information
Responsible ADB Officer Wu, Zheng Responsible ADB Department Central and West Asia Department Responsible ADB Division Transport and Communications Division, CWRD Executing Agencies National Highway Authority Room No. 110, 1st Floor, NC Building, Sector G-9/1 Islamabad, Pakistan ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main