Chinese Government provides RMB 659.8 million grant for Rehabilitation of Specific Sections of National Highway N-5 Project
Commitment amount
$ 106795515.09785591
Adjusted commitment amount
$ 106795515.1
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Pakistan
Sector
Transport and storage (Code: 210)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Description
On December 31, 2020, the Chinese Government and the Government of Pakistan signed letters of exchange, which committed RMB 659.8 million ($100 million) of grant funding for the Rehabilitation of Specific Sections of the National Highway N-5 Project. The purpose of this project is to rehabilitate four sections (measuring 66 km in town) of the National Highway (N-5) between Hala (District Matiari) and Moro (District Naushahro Feroze) in Sindh Province. It is ultimately expected to increase traffic capacity, facilitate people’s travel along the route, create considerable employment, and promote related building materials and transportation sectors along the route. N5 is an important road that extends from the southern part to the north and west border in Pakistan, and carries a large amount of traffic capacity.
Additional details
1. The N5 was seriously damaged by a record flood in 2010. At the request of the Pakistani Government, the Chinese Government helped repair parts of N5 and N55 sections in 2011 and 2016. With the joint efforts by the Pakistani and Chinese workers, the rehabilitation work was completed at the end of 2016, and greatly improved the road conditions of the relevant sections. In light of the importance of the N5, the Chinese Government agreed to rehabilitate the remaining 66 kilometers of the N5 road with Chinese grant in accordance with a previous bilateral agreement.
Number of official sources
1
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Pakistan [Government Agency]