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Asian Development Bank approves $400m loan to reconstruct houses and infrastructure in Pakistan's flood-hit Sindh province.
The Asian Development Bank (ADB) has approved a $400 million loan to reconstruct houses and community infrastructure in Pakistan's flood-hit Sindh province, which suffered 83% housing damage in 2022.
The Sindh Emergency Housing Reconstruction Project aims to rehabilitate flood-damaged homes and infrastructure, support livelihood recovery, and enhance communities' resilience against climate-induced natural hazards.
It forms part of ADB's multifaceted response to Pakistan's flood crisis, and their commitment of $1.5 billion in total assistance from 2023 to 2025 to accelerate the country's flood recovery.
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El Banco Asiático de Desarrollo aprueba un préstamo de 400 millones de dólares para reconstruir viviendas e infraestructura en la provincia de Sindh, en Pakistán, afectada por las inundaciones.