China's overland Silk Road and Maritime Silk Road Thread
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Western Route Section - Kot Highway N-50...
Team after successful Controlled Blasting 20000 Cubic Meters of hard rock excavated in 2 days with control blasting.
Total estimated quantity of hard rock is 3 Lacs Cubic Meters.
Widening and Upgradation of Zhob - Mughal Kot National Highway N-50 project of NHA - CPEC.
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ADB Approves $335 Million Loan For Peshawar Bus Transit Corridor
The Asian Development Bank’s (ADB) Board of Directors has approved a $335 million loan to help the Government of Pakistan and the provincial Government of Khyber Pakhtunkhwa develop a sustainable urban transport system in Peshawar through the creation of the city’s first integrated Bus Rapid Transit (BRT) corridor.
Agence Française de Développement (AFD) and the European Investment Bank are also expected to provide support to the project through combined $150 million co-financing round. ADB will administer the loan from AFD.
“A modern and safe urban transport system is essential for the growth and development of cities like Peshawar and in the improvement of the quality of life of its residents,” said Xiaohong Yang, ADB Country Director for Pakistan.
“The BRT corridor will not only provide safer, more efficient, and comfortable transportation options for the people in Peshawar, it will also improve the air quality, reduce carbon emissions, foster gender equity, and make the city more livable.”
The scope of the project includes construction of a 26 kilometer, 31 station BRT corridor and associated facilities, including 2 depots, park-and-ride facilities, bicycle lanes, sidewalks, streetlights, as well as improved drainage to climate-proof the corridor.
“The Peshawar BRT project uses investment in mass-transit infrastructure as a tool for urban renewal, using transit-oriented urban development to organize urban growth,” said Yong Ye, Director of Urban Development and Water at ADB.
“ADB’s financing will help renew and renovate the entire corridor width from façade to façade, including the BRT in the median”, he added
The project includes capacity building of the Khyber Pakhtunkhwa Mobility Authority and the TransPeshawar Company. The company will be responsible for BRT operations.
Current public transport has low usage among women passengers. The project will establish universal access and safety features for women and children, as well as disabled, including proper lighting and monitoring, segregated areas, and staff trained to deal with harassment incidents. Of the 4,000 jobs expected to be generated by the project, 10% are expected to be for women.
The Peshawar BRT is considered a “third-generation” BRT system, an innovation which allows BRT vehicles to travel along the BRT corridor in the busiest parts of the city and to travel off-corridor in less congested areas.
This approach expands the system’s reach and capacity, lessens passenger transfers, and increases ridership and financial sustainability. The initial BRT fleet will be procured under the project. The system is expected to benefit 500,000 people in the city.
ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.
Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.
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Start of Gwadar Airport construction in September
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After the approval of grant by Chinese government work has been accelerated for the development of the airport and now the construction will start in next three months, official sources told.
The project will be completed within three years and will cost two hundred and thirty million dollars, Radio Pakistan reported on Tuesday quoting official sources.
The Chinese government has agreed to provide funds for the construction of the airport. China has approved a grant in this regard during Prime Minister Nawaz Sharif’s recent visit to China.
Construction of New Gwadar International Airport (NGIA), along with allied facilities for new airport will be capable of handling a combination of ATR 72, Airbus, (A-300), Boeing (B-737) and Boeing (B-747) for domestic as well international routes. The airport is situated 14 km North of the Gwadar city.
Gwadar international airport is part of CPEC short term plan and will be completed by the end of 2019 or early 2020, the source said.
Officials said that China Pakistan Economic Corridor will turn Gwadar in to a regional economic hub and, in preparation for this, special emphasis is being given for the development of New Gwadar International Airport.
According to officials around 4,300 acres of land 26 kilometers northeast of the existing airport has already been acquired.
