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ADB, Britain to fund key section of M-4 motorway

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ISLAMABAD: The Asian Development Bank (ADB) and the United Kingdom have agreed to fund a key section of the M-4 motorway in Punjab, which will cut travel time and support the government’s goal of improving flow of goods and people along the country’s north-south corridor route. The ADB is providing a project loan of $178 million and administering a $92m equivalent grant from the British government to build a four-lane section of the motorway linking Gojra and Shorkot, the bank announced on Thursday. The construction of the Gojra-Shorkot section which involves construction of 62km of highway is...

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