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Asian Development Bank approves $75m loan for education project in Sindh

by Web Desk October 28, 2019

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 Asian Development Bank approves $75m loan for education project in Sindh

KARACHI: The Asian Development Bank (ADB) has approved a 75 million dollars loan for a project that will help improve the quality, accessibility, and gender responsiveness of the secondary education system and infrastructure in Sindh.    

According to the bank’s statement on Monday, Pakistan has 22.8 million out-of-school children, 28 percent of whom are in Sindh.

The province has also second-lowest gross enrollment ratios and net enrollment rates at all education levels in the country.   

The statement said the Sindh Secondary Education Improvement Project will finance the construction of about 160 new secondary school blocks within existing government school compounds, largely in 10 districts in southern Sindh.

Also Read: Sindh govt approves construction of two underpasses, Korangi Causeway bridge

The project, costing 82.5 million dollars with government of Pakistan contributing 7.5 million dollars, is expected to be completed by end of 2025.

On Oct 7, the Sindh government had extended offer to a Turkish company to carry out cleanliness work in Karachi under public-private partnership mode.

The offer was extended to the company during meeting of a delegation of a Turkish company with Sindh Chief Minister Syed Murad Ali Shah at the Chief Minister’s House in Karachi.

The delegation had also expressed its interest in cleanliness work in Karachi.

The spokesperson of the CM had said the Turkish company was already working in Lahore for lifting garbage from the city.

Murad Shah had relayed the company that Karachi’s one district produced so much garbage as much was produced from the entire Lahore, so the Turkish company would have to work extensively in the megalopolis. He had said the provincial government wanted to establish six GTS (garbage transfer stations) within the city.

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Tags: $75m loan ADB Asian Development Bank education project Sindh
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