AIIB eyes road, power projects
Asian Infrastructure Investment Bank (AIIB) Vice President Konstantin Limitovskiy met Federal Minister for Communications Abdul Aleem Khan and Power Minister Sardar Awais Ahmed Khan Leghari to discuss infrastructure and energy projects, according to an official statement on Wednesday. Abdul Aleem Khan said the government aims to complete vital transportation projects within two years, with the Karachi-Hyderabad and Hyderabad-Sukkur motorway being the most critical for economic development. The section connecting to Karachi Port will have eight lanes, while the Hyderabad-Sukkur section will feature six lanes. The minister assured that all available resources will be utilised to ensure timely completion. The Lahore-Sialkot and Kharian-Rawalpindi motorways are also slated for completion within two years. These projects will reduce travel distance between Lahore and Islamabad by 100 kilometres, saving an hour of travel time and resulting in billions of rupees in annual fuel savings.