The Asian Development Bank on Saturday approved three projects totalling $381 million concerning agriculture, education and health services in Punjab.
According to a press release, the development projects are aimed at fostering economic growth in the province.
тАЬInvesting in education, health, and agricultural mechanisation will play a transformative role in driving the growth of Punjab, a vital pillar of PakistanтАЩs economy,тАЬ ADB Country Director for Pakistan Emma Fan was quoted as saying.
тАЬThese strategic investments will modernise agriculture, enhance human capital, and significantly improve livelihoods for millions of people across Punjab,тАЭ she said.
According to the handout, a $120 million concessional loan and $4 million grant have been allocated for the Punjab Climate-Resilient and Low-Carbon Agriculture Mechanisation Project to accelerate the provinceтАЩs transition to modern, disaster-resilient, and low-carbon agriculture practices, benefiting 220,000 rural farm households.
тАЬThe project will help mechanise farming and provide alternative livelihoods for agricultural workers, including through boosting the knowledge and skills of 15,000 women. It will introduce a new financing model for farm mechanisation service providers to equip small-scale farmers with advanced machinery,тАЭ the ADB said.
The Bank also approved $107m for the Responsive, Ready, and Resilient Science, Technology, Engineering, and Mathematics Secondary Education in Punjab Programme.
тАЬThis includes a $7m grant from ADBтАЩs Asian Development Fund and a $100m loan from ADBтАЩs ordinary concessional capital resources. The results-based programme aims to modernise secondary education by enhancing inclusive science, technology, engineering, and mathematics (STEM) education across Punjab. The project, implemented by the Punjab School Education Department, will improve access to quality education for students across the province,тАЭ it said.
Further, the ADB approved a $150m concessional loan for the Punjab Nursing and Health Workforce Reform Programme to enhance nursing education, develop disaster-resilient training facilities, and strengthen health workforce governance in Punjab.
It noted that Pakistan faced a shortage of qualified nurses while the global demand for trained nurses was growing.
тАЬModernising the nursing sector will meet national and international demands. The results-based programme will focus on upgrading nursing curricula, expanding faculty development initiatives, and implementing a digital human resource management information system to align workforce planning with healthcare service needs. By expanding the pool of qualified nurses, predominantly women, the program will improve health service delivery across the province,тАЭ it said.
It said that key components of the nursing programme included the establishment of three centres of excellence in Lahore, Multan, and Rawalpindi.
тАЬThese centres will feature state-of-the-art simulation laboratories, digital learning platforms, and gender-responsive hostels, addressing PunjabтАЩs demand for skilled healthcare workforce capable of meeting growing local needs and employment opportunities abroad,тАЭ it said.
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