The World Bank (WB) has recently approved additional financing for Pakistan, which amounts to $ 108 million to execute two projects that support access to social services, markets and jobs in Khyber Pakhtunkhwa (KP).
The international lender also Greenlit $ 78 million in additional financing for the rural accessibility project of Khyber Pakhtunkhwa (KPRAP) together with $ 30 million to Khyber Pakhtunkhwa Development project Integrated Tourism (KITE), which allows both projects to achieve their objectives to improve access to health and education services, markets and jobs in a way that strengthened the resilience to resilience Natural disasters in natural disasters in the province.
“By rehabilitating the infrastructure of the critical rural road and improving disaster preparation, KPrap and Kite projects not only improve access to essential services such as health and education, but also encourage climate, economic resilience and the creation of job opportunities for local communities,” said Pakistan director of Pakistan Najy Benhassine in a news statement on Tuesday.
He said that the $ 78 million in additional financing for the KPrap would focus on providing a resistant and climatic road infrastructure, improving and rehabilitating rural roads, thus improving access to services, including schools, health facilities and markets.
The project also supports the safe and affordable transport to the school for girls.
In general, it is expected that around 1.76 million people will benefit from the project, he added.
This additional financing underlines the World Bank commitment to support the country and the development objectives of its provinces, said the leader of the Task Team for the Project, Muhammad Bilal Paracha.
“The project is crucial to improve people’s lives in the province, particularly women and girls, improving access to essential services and economic opportunities,” he said.
The $ 30 million in additional financing for the Kite project would help improve the tourism sector by completing the rehabilitation of two roads that would help improve access to “Pristine tourist places in the province in the vicinity.”
It would also support technical assistance and capacity development for the tourism industry and interested parties in the public sector.
“Additional financing will support a better destination management, heritage conservation and the integration of digital platforms in the Khyber Pakhtunkhwa tourism industry,” reads the press release.
“The project will promote responsible tourism in KP in collaboration with the interested parties of the public and private sector,” said the leader of the Task Team for the project, Kiran Afzal.
AFZAL added that this was intended to improve roads and tourist facilities, and demonstrate more opportunities for local communities to benefit from the growth of the tourist economy.
She stressed: “The project will create jobs, train local people and preserve the rich cultural heritage of the country.”
