EU to fund three projects worth €87 mlnS

ISLAMABAD: European Union will fund three new development programmes with €87 million to support green and inclusive economic growth in Pakistan, President Pak British Friendship Council North West Chapter the United Kingdom Muhammad Arbab Khan said Sunday.

Talking to Chairman UK-Pakistan Joint Business Council Mian Kashif Ashfaq, he said the programmes are part of the European Union’s support to Pakistan in the post-flood rehabilitation and reconstruction and are designed in close cooperation with the federal and provincial governments.

Arbab said these projects will focus on Khyber Pakhtunkhwa (KP), Gilgit Baltistan (GB), and Balochistan and aims at improving agricultural value chains, provide access to clean energy and enhance the availability of the skilled labour force.

He said they are also part of the broader coordination efforts by the EU and its member states materialised through the Team Europe Initiative and contribute to EU’s Global Gateway, an overarching initiative to link the digital, energy and transport sectors and to strengthen health, education and research systems across the world.