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May 6, 2008

World Bank to give $350m for development of 24 Punjab cities'

By Sajid Chaudhry

ISLAMABAD: The World Bank will provide $350 million for the development of five large and 19 small cities of Punjab and a loan agreement is expected to be signed in September, World Bank Senior Infrastructure Specialist Mihaly Kopanyi said on Monday.

He said the bank would provide $300 million for the development of Lahore, Multan, Rawalpindi, Gujranwala and Faisalabad, and another $50 million for the development of 19 small cities of the province.

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Posted by boyang at May 6, 2008 5:20 PM