ADB grants $300m for Afghan infrastructural projects
By Sayed Jawad - Thu Jan 31 2013, 8:23 pm
ADB country director for Afghanistan Joji Tokeshi told reporters Asian Development Bank will focus on electricity transfer to southern provinces of Afgahnistan and create system to use natural resources of Afghanistan.
Mr. Tokeshi said Asian Development Bank will remain committed to assist Afghanistan financially until 2016 based on Tokyo conference agreement.
He said, “Asian Development Bank grants and projects will be spent based on the national strategy of Afghanistan and will focus on those programs that have higher priority to the Afghan government. The grants will mainly focus on three inftrastructure sectors including energy, transportation and water sources that will also make reforms in these sectors. It is worth mentioning that Asian Development Bank will focus on multi-sources electricity and will also struggle to connect Afghanistan through railway networks, roads and electricity networks with the regional countries.”
Joji Tokeshi also added that Asian Development Bank has decided to work on Salang highway, Faizabad-Eshkashem highway, Yakawlang-Dara-e-Suf highway, Kabul-Jalalabad highway, Lashkargah-Greshk highway and Angur Dara-Shahran highway.
Asian Development Bank also wants to import Turkmenistan electricity to Kabul, Sheberghan, Kunduz, Baghlan, Logar, Gardez adn Khost provinces of Afghanistan. The bank will also assist Afghanistan for the construction of water dam in Bamiyan and Badakhshan provinces and creation fo railway network in Mazar-e-Sharif and Andkhoy.
Afghan finance minister welcomed Asian Development Bank’s grants and emphasized on the importance of inftrastructure projects which will have positive impact on the country.
Asian Development vowed to provide $1.2 billion during Tokyo conference in July 2012 out which $300 million will be spent during the year 2013.