The bank in collaboration with other development partners will support rehabilitation of power transmission and distribution systems, construction and rehabilitation of highways and provincial roads connecting to the national trade corridor.
"According to bank's new five year partnership strategy with Pakistan, the bulk of the financial assistance will be earmarked for improvement in power, transport, agriculture and urban services sectors," Radio Pakistan reported.
The bank will also help rehabilitate the Indus Basin Irrigation System and invest in bus rapid transit systems in Karachi, Peshawar and Punjab.
The bank will help establish a government-owned disaster risk fund to mitigate risks and enhance resilience to natural disasters.
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