Khyber Pass Economic Corridor
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Khyber Pass Economic Corridor (KPEC) (Urdu: درۂ خیبر اقتصادی راہداری; Pashto: د خيبر دره اقتصادي دهلیز) is an infrastructure project that aims to expand Pakistan's economic connectivity with Afghanistan, and by extension Central Asia, via the Khyber Pass. The project was approved for construction in December 2019 by Pakistan and the World Bank at an expenditure of $482.75 million.[2][3][4]
Quick Facts Mission statement, Type of project ...
Khyber Pass Economic Corridor | |
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Mission statement | Motorway expansion, special economic zones, commercial activities, multilateral trade |
Type of project | Economic corridor |
Location | Khyber Pakhtunkhwa |
Country | Pakistan |
Ministry | Ministry of Planning Development and Special Initiatives[1] |
Established | 13 December 2019 (4 years ago) (2019-12-13) |
Budget | $482.75 million[2] |
Status | Project approval granted[3] |
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