ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Funds and Resources
ADB offers loans, grants, and technical assistance from Special Funds, Trust Funds, and other sources to help reduce poverty in Asia’s poorest countries.
Pakistan Economic Corridors Programme
What is the fund?
The Pakistan Economic Corridors Programme focuses on regional connectivity and trade. The fund is expected to promote economic growth, create jobs and contribute to regional stability.
What are the priorities?
The fund aims to promote economic growth, job creation, and regional trade. This will enable the implementation of a significantly larger level of infrastructure investment in the Pakistan economy and close the infrastructure gap more rapidly.
What kinds of activities are eligible for the fund?
Grants will finance the following:
- investment projects for transport;
- investment projects and technical assistance for Public-Private Partnership; and
- technical assistance to support transport.
Who is eligible to receive the fund?
Pakistan is eligible to receive the fund. Pakistan provides the closest sea access to Afghanistan, Central Asian Republics, and the western part of People’s Republic of China. Thus, investments in Pakistan’s transport infrastructure have the potential to significantly stimulate economic activity.
Who supports the fund?
The United Kingdom supports the fund.