Pakistan to become connecting hub for Afghanistan and Central Asia: ADB
CAREC: PM addresses inaugural session of delegates of 200 countries
The agreement was signed by Secretary Economic Affairs Division (EAD) Tariq Bajwa and Werner E. Liepach County Director ADB for Pakistan.
Speaking on the occasion, the Finance Minister thanked ADB for providing support to Pakistan in the border management sector.
Furthermore he mentioned that Government of Pakistan was very much keen to enhance economic cooperation with Central Asia.
ADB revises up Pakistan growth projection for FY 2017
The components of the project are; Development of physical infrastructure at border crossing points; provision of equipments (scanner, weigh-bridges etc); IT hardware and soft ware support- transition to single window system; Streamlining cross border procedures and capacity development.
The objectives of the project are; to adopt single window system for integrated and coordinated management of borders; increase trade and transit cargo through border crossing points; efficient cross border processing of goods and people and modernize border crossing points.