Pakistan to get ADB-backed border logistics upgrade facility soon

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MG News | July 29, 2026 at 11:52 AM GMT+05:00

July 29, 2026 (MLN): Pakistan is set to benefit from an Asian Development Bank (ADB)-backed Border Connectivity and Logistics Upgrade Facility, expected to be approved in the coming weeks to support modernization of the country's border infrastructure and enhance regional trade and connectivity.

The update was shared by a delegation from the Central Asia Regional Economic Cooperation (CAREC) Secretariat, which called on Federal Minister for Commerce Jam Kamal Khan and briefed him on key regional initiatives aimed at strengthening trade, connectivity, investment and economic integration among CAREC member countries.

The delegation informed the Minister that Pakistan remains an active participant in implementing the Regional Trade and Investment Facilitation Partnership (CARIF) framework, which is entering its operational phase to promote trade facilitation, logistics cooperation and investment across the CAREC region.

The meeting also reviewed preparations for the upcoming CAREC Ministerial Conference and Business Forum, to be held in Mongolia on September 29-30, 2026, with the Secretariat formally inviting the Minister to attend, said a press release issued.

The conference is expected to bring together ministers, senior government officials, development partners, international investors and private sector representatives from across the CAREC region, with the Business Forum focused on logistics, energy security, critical minerals, digital connectivity, investment opportunities and private sector collaboration.

The delegation further shared plans to establish a Regional Chambers Alliance to strengthen business-to-business cooperation among Chambers of Commerce and Industry across the CAREC region, with support from the ADB, and briefed the Minister on an ADB-supported Digital Corridor Study involving Pakistan and other CAREC member countries aimed at enhancing regional digital connectivity.

Jam Kamal Khan appreciated the continued support of CAREC and the ADB in promoting regional economic integration and reaffirmed Pakistan's commitment to strengthening regional trade, connectivity and investment cooperation.

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