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World Bank approves $ 108 million additional funding for KP projects

World Bank approves $ 108 million additional funding for KP projects
World Bank team written on a screen. - AFP/ file
World Bank team written on a screen. – AFP/ file
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ISLAMABAD: The World Bank approved additional funding of $ 108 million for the KHYBER PAKHTUNKHWA (KPRAP) and KHYBER PAKHTUNKHWA Integrated Tourism (KITE).

The KPRAP project is worth $ 78 million and the Kite project is estimated at $ 30 million. The economic grant has been approved to allow both projects to achieve their goals for improving access to health and education, markets and jobs, in a way that enhances the resistance to natural disasters in the province, the World Bank said in a brochure.

“By Rehabilitating Critical Rural Road Infrastructure and Enhancing Disaster Prearedness, The Khyber Pakhtunkhwa Rural Accessibility Project and the Khyber Pakhtunkhwa Integrated Tourism Development Project Are not only on only one on only on only one on only one on only on. Improveing ​​Access to Essential Services Like Health and Education, But also Fostering Climate, Economic Resilience and Creating Job Opportunities for Local Communities, “Said Najy Benhassine, World Bank Country Director.

Extra funding of $ 78 million for the KPrap will focus on providing safe and durable road infrastructure, with the upgrading and restoration of rural roads, thereby improving access to services, including schools, health facilities and markets. The project also supports safe and affordable school transportation for girls. Overall, about 1.76 million people are expected to benefit from the project.

“This additional funding underlines the World Bank’s commitment to support the development goals of Pakistan’s province and Khyber Pakhtunkhwa,” said Muhammad Bilal Paracha, head of the project work team.

“The work is vital to improving people’s lives in the province, especially women and girls, enhancing [their] Access to basic services and financial opportunities. ”

The $ 30 million in additional kite funding will help to boost the tourism sector of the province by completing the rehabilitation of two roads that will improve access to the virgin tourist areas of the province in the area.

It will also support the technical assistance and creation of the skills for the tourism industry and the public sector stakeholders. Additional funding will support the best destination management, inheritance maintenance and the integration of digital platforms into the Khyber Pakhtunkhwa tourism industry.

“The Kite project encourages responsible tourism at KHYBER PAKHTUNKHWA in collaboration with public and private stakeholders,” said Kiran Afzal, head of the project work team.

“This means better roads, improved tourist facilities and more opportunities for local communities to benefit from the development of the tourism economy. The project will create jobs, train locals and maintain the country’s rich cultural heritage.”



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