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World Bank to Help Build Peshawar-Kabul Highway

Written by  Manager2
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Monday, April 24, 2017
WASHINGTON (BNA) Finance Minister Ishaq Dar has urged the World Bank to finance a major project in the Pak-Afghan region, which could greatly enhance intra-regional trade.
The project-Peshawar-Kabul highway-would not only link Peshawar with the Afghan capital but would also be a major commercial link between the South and Central Asian regions.
The Finance Minister discussed this and other projects with senior officials of the World Bank group in Washington last week on the sidelines of the group’s spring meetings.
Dar says private sector can select CPEC projects of its choice.
The Pakistan Embassy, which released the details of these meetings, said the World Bank had agreed in principle to finance the Peshawar-Kabul highway project.  Dar also asked the World Bank to consider leading a consortium to finance the Diamer-Bhasha dam project.
In Washington, Finance Minister Dar also met his Afghan counterpart Eklil Ahmed Hakimi and the two talked about coordinating their policies to enhance bilateral trade and economic ties.  They agreed to hold the next meeting of the Pakistan-Afghanistan Joint Economic Commission as soon as possible, said an official statement issued after the meeting.

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