adb allows 3137m grant to afghanistan road project
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

ADB Allows $31.37m Grant to Afghanistan Road Project

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice ADB Allows $31.37m Grant to Afghanistan Road Project

The Asian Development Bank
Kabul - QNA

The Asian Development Bank (ADB) has today approved US$31.37 million grant to prepare the Salang Corridor rehabilitation project to improve the efficiency and safety of movement of goods and people in Afghanistan and across Central Asia.

    The grant includes $15.92 million contributed by the Government of Japan through the ADB-administered Afghanistan Infrastructure Trust Fund (AITF). AITF is a donor-financed fund established in 2010 that aims to improve livelihoods of the Afghan people through infrastructure development, according to ADB press release.

    Built in 1964, the existing 2.7-kilometer Salang tunnel and associated connecting roads, collectively known as the Salang Corridor, is in a dilapidated state and dangerous to travelers because of inadequate ventilation, poor lighting, lack of modern safety features, and a failing road surface due to a lack of regular maintenance and rehabilitation.

    The Salang Corridor is the only route that permits year-round North–South passage of goods and people across the Hindu Kush mountain range, which has peaks over 7,700 meters, making the Salang tunnel the second highest tunnel in the world. As one of the key sections of the Central Asia Regional Economic Cooperation (CAREC) Corridors 5 and 6, the Salang Corridor is also central to providing mobility for Afghanistan’s neighboring countries.

    Given the lack of alternative routes, the vast majority of goods shipped to Kabul from the north pass through the Salang Corridor. According to the United States Agency for International Development, economic losses from the constrained traffic flow are estimated at $60 million per year.

    To date, ADB has allocated more than $2.2 billion for roads, railways, and airport projects in Afghanistan. The improved Salang Corridor will complement these investments and boost connectivity between Central Asia and South Asia, through Afghanistan. This will support the strategic objectives of the CAREC program in expanding trade and improving competitiveness of the region.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adb allows 3137m grant to afghanistan road project adb allows 3137m grant to afghanistan road project

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adb allows 3137m grant to afghanistan road project adb allows 3137m grant to afghanistan road project

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 05:56 2017 Thursday ,16 November

Siemens layoff plan promises showdown

GMT 09:08 2015 Monday ,30 November

Shanghai volatile after slump

GMT 04:38 2015 Saturday ,18 July

All Blacks still well off World Cup pace

GMT 13:21 2014 Sunday ,28 December

Abras prove a hit with Global Village visitors

GMT 23:36 2012 Saturday ,26 May

N Korea\'s West coast affected by severe drought

GMT 10:37 2013 Tuesday ,31 December

Pussy Riot member wants Putin out

GMT 10:54 2018 Thursday ,04 January

Djokovic to test elbow injury in Melbourne

GMT 14:09 2017 Wednesday ,20 September

Messi hits four as Barca maintain perfect start

GMT 06:30 2017 Tuesday ,28 November

Sudan and Russian sign nuclear agreement

GMT 21:40 2016 Monday ,02 May

Actor Wael Nour dies at age 55

GMT 08:42 2017 Sunday ,10 December

Galadari Trucks and Heavy Equipment,Komatsu join

GMT 07:46 2012 Friday ,24 February

Bobbi Kristina\'s problems \'out of control\'

GMT 08:11 2011 Saturday ,01 October

Ancient copper sword discovered in E. China
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice