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Pakistan: National Motorway M-4 (Shorkot-Khanewal Section)

SUMMARY

STATUS
Approved
MEMBER
Pakistan
SECTOR
Transport
E&S CATEGORY
Category A
PROJECT NUMBER
000001

FINANCING

APPROVED FUNDING
USD100 million
FINANCING TYPE
Sovereign

TIMELINE

CONCEPT REVIEW
May 16, 2016
APPRAISAL REVIEW/FINAL REVIEW
May 19, 2016
FINANCING APPROVAL
June 24, 2016
LATEST FIELD VISIT
April 15-23, 2019
LOAN CLOSING/LAST DISBURSEMENT
December 31, 2020

OBJECTIVE

The objective is to create an efficient and safer transport corridor between Islamabad, Faisalabad, and Multan to ensure enhanced connectivity between the various parts of Pakistan.

DESCRIPTION

The Project has a road construction work component, which includes earthwork; asphalt concrete pavement; construction of bridges, crossing structure (underpasses and pipe culverts), interchanges, weigh bridges, toll plaza, and service areas; roadside improvements, and safety engineering features.

PROJECT FINANCING

For more information about project financing, please review the project summary.

ENVIRONMENTAL AND SOCIAL INFORMATION

Please review the project summary for additional information.

PROJECT TEAM LEADER

Woo-Hyun Kwon

Senior Investment Operation Specialist – Transport

woohyun.kwon@aiib.org

 

BORROWER

Muhammad Aslam Chaudhary

Joint Secretary (China & AIIB)
Economic Affairs Division
Islamic Republic of Pakistan

Aslam26@gmail.com

 

IMPLEMENTING ENTITY

National Highway Authority (NHA)

PROJECT DOCUMENTS

AIIB DOCUMENTS
Project Summary
Project Document (June 6, 2016)
Project Implementation Monitoring Report (November 11, 2020)
CLIENT/COFINANCING PARTNER DOCUMENTS
Environmental Impact Assessment
Resettlement Plan

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ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 103 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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