Khyber Pass Economic Corridor Project

The development objective Khyber Pass Economic Corridor Project for Pakistan aims to expand economic activity between Pakistan and Afghanistan by improving regional connectivity and promoting private sector development along the Khyber Pass corridor. This project has three components. 1) The first component, Expressway Development, finance the detailed design, construction and supervision of the proposed four-lane PTEX and associated road-user and administrative infrastructure facilities, the laying of fiber optic cables in trenches along PTEX, land acquisition and resettlement, afforestation along PTEX, and technical and independent reviews and studies for the preparation of new projects. 2) The second component, Development of the Khyber Pass Economic Corridor, has the following subcomponents: (i) Technical assistance; and (ii) Infrastructure investments and institutional improvements to promote the integration of local producers into global value chains. 3) The third component, Project Management, is a lending instrument to finance the project.