Pakistan Property Portal, Website
Pakistan Property Portal, Website Dark Mode Light Mode
Blogs News Event Area Guide Careers Register Agency Corporate Login

AIIB Promises $112m for Improvement of Water, Transport Services in Karachi

Real Estate News
22 Nov 2019
AIIB Promises $112m for Improvement of Water, Transport Services in Karachi

AIIB Promises $112m for Improvement of Water, Transport Services in Karachi

Karachi: According to the news sources, the Asian Infrastructure Investment Bank (AIIB) has promised to improve the city’s water and transport services for which $112 have been invested. Following the investment, the people of Karachi will now have greater access to improved transport and water services.

AIIB’s President Jun Liqun approved a loan of $71.81 million for a project that will provide an efficient and sustainable public transport system in Pakistan’s economic hub. As part of this project is the Karachi Bus Rapid Transit (BRT) in which the construction of BRT Corridor and associated facilities will also be established. An estimated 1.5 million people living within a one-kilometer radius from the BRT corridor and off-corridor services will directly benefit once the project is completed.

The air quality of the city will also improve and the greenhouse gas emissions will reduce as the passengers switch from private cars and motorcycles to this new BRT system.

Get ilaan App
Get ilaan App

To Buy, Sell & Rent properties on your
finger tips.

Get ilaan App
Get ilaan App
premium property portal to buy,sell and rent

The best property website to buy and sell properties. ilaan.com is Pakistan’s most comprehensive property website, portal, finder focused on improving the visual property viewing experience of users to help them make better-informed decisions regarding capital investment in the real estate sector.

Grab a Coffee

Address
Head office26-A, J3 Block, Johar Town,
Lahore Pakistan
Timings Monday - Friday: 9 am - 6 pm
Saturday: 9 am - 2 pm
Sunday: We are closed.

Call Us

Phone

Get Updated

Subscribe

To get the latest news about ilaan.com subscribe our newsletter.

(required)
Subscribe
Get my Location