World Bank approves $108 million for major projects in KP

World Bank
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WEBDESK: The World Bank has approved $108 million in additional financing to help improve rural roads and boost tourism in Khyber Pakhtunkhwa (KP), Pakistan. The funding will support efforts to improve access to social services, enhance tourism, and boost resilience to natural disasters in the province.

Out of the total amount, $78 million has been allocated to the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP). This part of the project focuses on fixing and upgrading roads in rural areas. With better roads, around 1.76 million people will be able to travel more safely and easily to schools, hospitals, and markets. A special focus is being placed on making school transport safer and more affordable for girls.

“This project is crucial for improving the lives of people in the province, particularly women and girls, by enhancing access to essential services and economic opportunities,” said Muhammad Bilal Paracha, Task Team Leader for KPRAP. “The road upgrades will foster not only greater accessibility but also climate resilience in the region.”

The remaining $30 million from the World Bank will go to the Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE). These funds will be used to upgrade roads that lead to major tourist spots, improve visitor experiences, and preserve the region’s heritage sites.

“The KITE project encourages responsible tourism in Khyber-Pakhtunkhwa by collaborating with both public and private sector stakeholders,” said Kiran Afzal, Task Team Leader for KITE. “By improving roads and tourist facilities, we are helping local communities benefit from the growth of the tourism economy.”

According to the World Bank’s Country Director for Pakistan, Najy Benhassine, “These projects are not just about improving roads and infrastructure, but about fostering climate and economic resilience,” said Najy Benhassine, World Bank Country Director for Pakistan. “They will enhance access to essential services, create job opportunities, and improve the lives of millions of people in Khyber-Pakhtunkhwa.”

Read more: Pakistan hopes to secure new IMF loan as board meets on May 9

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