Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Federal govt sign $42.9m loan agreement with ADB for upgrading Fata irrigation system

byCustoms Today Report
18/04/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: For the purpose to upgrade water management and irrigation systems in Federally Administered Tribal Areas (Fata), the federal government has signed a $42.9 million loan agreement with Asian Development Bank (ADB).

Economic Affairs Division Secretary Mohammad Saleem Sethi and ADB Country Director for Pakistan Werner E Liepach signed the agreement.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

The Fata Water Resource Development Project (FWRDP), likely to complete by 2020, will benefit 116,751 households, or approximately 1.4m people, in the three agencies of Fata and improve around 9,700 hectares of land. The FWRDP promotes simple and small irrigation schemes that could be maintained by local communities.

Addressing the ceremony, Liepach said, “The Fata Water Resource Development Project aims to reduce poverty and household vulnerability through development of irrigation systems and provision of irrigation water to farming families in Fata.”

“The project will allow reliable supply of water to farmers, enabling them to produce high-value crops such as fruits and vegetables, thus improving income levels as well as food security for their families,” he said.

The livelihoods of the majority of Fata’s Bajaur, Khyber and Mohmand agencies’ 2.6m inhabitants depends on subsistence farming, raising cattle, and harnessing other natural resources. “The FWRDP will help farmers make optimal use of surface water for irrigation purposes by building new infrastructure,” said Donneth Walton, ADB’s Principal Natural Resources and Agriculture Specialist.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

Hearthstone card game is now available on iOS and Android smartphones

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.