ISLAMABAD: To execute urban development projects across Punjab, the Asian Development Bank (ADB) has granted a loan of $15 million that will fund comprehensive investment and public service delivery plans in seven cities.
The funds will be utilised for spatial master plans, detailed engineering designs and operational business plans for proposed projects in the cities of Bahawalpur, Dera Ghazi Khan, Multan, Muzaffargarh, Rahim Yar Khan, Rawalpindi and Sargodha.
The loan was granted to address development issues caused by rapid urbanisation in Pakistan.
In addition, ADB Senior Urban Development Specialist for Central and West Asia Jude Kohlhase said, “this loan will help local governments improve spatial and urban planning, prepare environmental assessments, put in place gender action plans with special focus on gender equality and incorporate climate-resilient designs for priority investments.”
Furthermore, the ADB will also help identify integrated smart solutions to strengthen the institutions’ urban and spatial planning systems. It will also support the preparation of land acquisition and resettlement plans, feasibility studies and procurement documents.
For news and blogs, visit Graana.com.
Dubai, UAE: Burj Mayfair Real Estate Brokers LLC has closed a nine-figure property transaction in…
Islamabad: The Monetary Policy Committee of the State Bank of Pakistan on Monday reduced the…
Islamabad: The Capital Development Authority has completed the main structure of the T-Chowk Flyover in…
Here is a concise and professional rephrased version of the news: Saudi Arabia’s real estate…
Islamabad: The Federal Board of Revenue has updated property valuation rates across 68 locations in…
Dubai’s residential real estate market maintained its upward momentum in November 2025, with the latest…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
