US, Pakistan Ink USD40M Agreement for Road Upgrade Project

The U.S. and Pakistan forged an agreement for a USD40 million roadways project in the Malakand region, the U.S. State Department said.

U.S. Deputy Secretary of State Jacob Lew and Pakistan Finance Secretary Salman Siddique inked March 25 a letter of intent signifying cooperation for the road project, which aims to upgrade major roads in the North West Frontier Province: the Peshawar Ring road and a road connecting Kanju and Madyan.

“Both nations seek to prioritize the issues of greatest importance to the Pakistani people: security and economic growth. Better roads improve security by enhancing access by law enforcement officials, lower the cost of marketing farm output, enhance trade and transportation, and generate jobs,” the State Department said.

About the author

  • Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.