ADB Grants Final Extension for $360 Million CAREC Project Over NHA Delays
The Asian Development Bank (ADB) has granted a final one-month extension for the $360 million CAREC Tranche-III project, urging Pakistan’s National Highway Authority (NHA) to complete the contract award process within the new deadline. The CAREC project is part of a major regional development initiative aimed at improving transport infrastructure, regional connectivity, and economic cooperation…