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AIIB to provide $320 million loan for N-5 highway reconstruction in Pakistan

The Asian Infrastructure Investment Bank (AIIB) is set to provide a $320 million loan for the reconstruction and rehabilitation of Pakistan’s National Highway-5 (N-5), one of the country’s most important, longest and oldest transport corridors, spanning 1,819 km from Karachi, Sindh, to the Torkham border crossing with Afghanistan in Khyber Pakhtunkhwa. The project aims to...