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Pakistan secures $400m loan from ADB

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The Asian Development Bank has approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Sindh province which was severely affected by the 2022 floods.

The Sindh Emergency Housing Reconstruction Project aims to rehabilitate damaged homes and community infrastructure, with a focus on enhancing climate resilience.
The initiative is part of ADB’s broader commitment of $1.5 billion in assistance from 2023 to 2025 to accelerate Pakistan’s flood recovery efforts.

“This project will help rebuild homes and restore livelihoods and essential services in Sindh, the province hardest hit by the 2022 floods,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.

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