ADB backs out of multibillion-dollar Pakistan expressway project

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The Asian Development Bank (ADB) has struck down the Malir Expressway in Pakistan from its list of priorities, backing out from financing the project, the media reported on Saturday...

In a letter to Advocate Abira Ashfaq, the lender's Accountability Mechanism office said that the "Malir Expressway Project is no longer an ADB-assisted project" following complaints from indigenous farmers who cited environmental damages and the threat of displacement, The News reported Saturday...

The development came as a victory for the farmers after they lost a petition against the project in the Sindh Environmental Protection Tribunal on April 15...

The tribunal had disposed of the plea challenging the Environmental Impact Assessment (EIA) approval accorded to the Malir Expressway project by the Sindh Environmental Protection Agency (Sepa)...