Japan Funds Pakistani Power Grid Project

Japan agreed March 19 to provide USD250 million to help improve power transmission and distribution in Pakistan, the News reports. The funds will be spent for the rehabilitation of power grid stations and transmission lines across the country. This assistance, which will be channeled through the Japan International Cooperation Agency, is part of Japan’s pledge to allocate approximately USD500 million annually to social development and infrastructure projects in Pakistan.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.