ADB, Pakistan Finalize $1B Development Projects for 2026

Islamabad, August 28, 2025, 05:38 PM PKT – ADB, Pakistan Finalize $1B Development Projects for 2026

The Asian Development Bank (ADB) and Pakistan’s Ministry of Economic Affairs finalized agreements for $1 billion in development projects for 2026

on August 28, 2025, following a meeting between ADB President Masato Kanda and Minister Ahad Khan Cheema.

The projects focus on climate resilience and infrastructure.

Cheema told NEN,

“These initiatives will drive sustainable growth.” The funding includes $600 million for Sindh’s flood recovery and $400 million for Khyber Pakhtunkhwa’s rural roads, building on ADB’s $720 million signed in September 2024.

Kanda praised Pakistan’s reform progress, including tax and energy measures.

The projects aim to create 15,000 jobs and benefit 2 million residents, with implementation starting in January 2026.

The ministry will form oversight committees to ensure transparency.

“This partnership is transformative,” said a senior official.

ADB Pakistan projects

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