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Home » ADB approves $381mn financing for Punjab – Markets
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ADB approves $381mn financing for Punjab – Markets

adminBy adminDecember 6, 2025No Comments3 Mins Read
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The Asian Development Bank (ADB) has approved three projects totalling $381 million to advance agriculture, education, and health services in Punjab.

These development projects aim to foster economic growth in the province, which accounts for more than half of the country’s population and economic activity, read a statement on Saturday.

“Investing in education, health, and agricultural mechanisation will play a transformative role in driving the growth of Punjab, a vital pillar of Pakistan’s economy,“ said ADB Country Director for Pakistan Emma Fan.

“These strategic investments will modernise agriculture, enhance human capital, and significantly improve livelihoods for millions of people across Punjab.”

Pakistan, ADB sign $61.8mn agreements for three development initiatives

A $120 million concessional loan and a $4 million grant have been allocated to the Punjab Climate-Resilient and Low-Carbon Agriculture Mechanisation Project to accelerate the province’s transition to modern, disaster-resilient, and low-carbon agricultural practices, benefiting 220,000 rural farm households.

ADB highlighted that Punjab is the breadbasket of Pakistan, producing 75% of its wheat, 69% of its rice, and 91% of its maize. However, the province faces challenges due to its reliance on outdated machinery, resulting in significant grain losses.

Additionally, farmers are often compelled to burn crop residues, a practice that worsens air pollution and poses serious health risks to the population. To address these issues, the project promotes the adoption of modern agricultural mechanisation, such as rice harvesters.

ADB has also approved $107 million for the Responsive, Ready, and Resilient Science, Technology, Engineering, and Mathematics Secondary Education in Punjab Program. This includes a $7 million grant from ADB’s Asian Development Fund and a $100 million loan from ADB’s ordinary concessional capital resources.

“The results-based program aims to modernise secondary education by enhancing inclusive Science, Technology, Engineering, and Mathematics (STEM) education across Punjab. The project, implemented by the Punjab School Education Department, will improve access to quality education for students across the province,” read the statement.

Lastly, ADB has approved a $150 million concessional loan for the Punjab Nursing and Health Workforce Reform Program to enhance nursing education, develop disaster-resilient training facilities, and strengthen health workforce governance in Punjab.

The Manila-based lender noted that Pakistan faces a shortage of qualified nurses amid growing global demand for trained nurses.

“The results-based program will focus on upgrading nursing curricula, expanding faculty development initiatives, and implementing a digital human resource management information system to align workforce planning with healthcare service needs. By expanding the pool of qualified nurses, predominantly women, the program will improve health service delivery across the province,” said ADB.

Under the nursing program, three centres of excellence will be established in Lahore, Multan, and Rawalpindi. These centres will feature state-of-the-art simulation laboratories, digital learning platforms, and gender-responsive hostels, addressing Punjab’s demand for a skilled healthcare workforce capable of meeting growing local needs and employment opportunities abroad.



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