• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Saturday, January 10, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

World Bank announces $400mn project to improve urban services and resilience in Pakistan

December 14, 2025
in Business
World Bank announces $400mn project to improve urban services and resilience in Pakistan
Share on FacebookShare on TwitterWhatsapp

The World Bank’s Board of Executive Directors has approved $400 million in financing for a project that will provide safely managed water, sanitation and basic hygiene services in Punjab, and help improve the institutional and financial performance of local urban administration.

According to a statement, the Punjab Inclusive Cities Program (PICP) will support the improvement and rehabilitation of water supply networks, sewerage systems, and wastewater treatment plants, provide stormwater drainage, and enhance the capacity of local governments to sustainably deliver services and increase revenues in 16 secondary cities in Punjab.

The program will also support the improved performance of solid waste management systems in Punjab, including for the sanitary disposal of waste.

“Reducing child stunting is essential for Pakistan’s future. Through the Punjab Inclusive Cities Program, we are investing in safe water, sanitation, and hygiene services to break the cycle of malnutrition and disease that holds back so many children from reaching their full potential,” said Bolormaa Amgaabazar, World Bank Country Director for Pakistan.

Compliance costs crush Pakistan’s small manufacturers: World Bank

“In collaboration with the Punjab government, the program represents a significant step forward in improving urban infrastructure and strengthening local institutions, thereby laying the foundation for healthier communities and a more prosperous Pakistan.”

PICP aims to deliver improved water, sanitation, hygiene and drainage services to approximately 4.5 million people and improved solid waste management services to an additional 2 million people.

World Bank says that the program will help reduce healthcare costs by lowering waterborne disease, lower child stunting rates, and strengthen the capacity of urban local governments to deliver sustainable services.

“The program complements infrastructure investments with capacity building and revenue generation, helping to ensure that service delivery is well sustained,” said Amena Raja, Senior Urban Specialist for the World Bank. “It will also help Punjab’s cities better withstand floods and droughts, ensuring urban development is both environmentally responsible and resilient to climate change.”

The program also delivers important gender benefits by prioritising hiring women, especially in decision-making roles, establishing gender complaint desks, and providing targeted capacity building to help female workers develop new skills and advance, read the statement, stated the global lender.

The program aims to mobilise private capital to support water and sanitation services in secondary cities in Punjab.

World Bank noted that the new program aligns with Pakistan’s national development priorities and provides support to ongoing provincial programs, including the Punjab Development Program and the Suthra Punjab Program.

It is the second phase of the World Bank-supported Pakistan Urban Water, Sanitation and Hygiene Services Multiphase Programmatic Approach.

Share15Tweet10Send
Previous Post

Faisal Town Group Launches Vision 2040: A Roadmap for People-Centered, Sustainable and Innovative Growth

Next Post

PSX holds in green, KSE-100 up over 950 points during early trade

Related Posts

Selling engulfs bourse, KSE-100 sheds nearly 900 points
Business

PSX sheds over 1,100 points amid profit-taking

January 9, 2026
Global rice prices to stay weak in 2026 on surplus supplies
Business

Global rice prices to stay weak in 2026 on surplus supplies

January 9, 2026
Australian shares give up early gains as Rio Tinto slumps on Glencore talks
Business

Australian shares give up early gains as Rio Tinto slumps on Glencore talks

January 9, 2026
Unilever’s India arm gets $174 million tax order
Business

Unilever’s India arm gets $174 million tax order

January 9, 2026
SBP-held foreign exchange reserves rise to $16.056 billion
Business

SBP-held foreign exchange reserves rise to $16.056 billion

January 8, 2026
Copper and nickel fall on profit-taking
Business

Copper and nickel fall on profit-taking

January 8, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.