- Loan provided as part of Sindh Emergency Shelter Reconstruction Project.
- The project is a key part of ADB’s multifaceted response to the flood crisis in Pakistan.
- Sindh suffered approximately 83% of the total damage to housing caused by the 2022 floods.
MANILA: The Asian Development Bank (ADB) today approved a $400 million concessional loan to support the reconstruction of housing and community infrastructure in Sindh damaged by the devastating 2022 floods.
The Sindh Emergency Shelter Reconstruction Project will rehabilitate flood-damaged homes and community infrastructure and support livelihood recovery, with a focus on strengthening community resilience to climate change-induced natural hazards.
This project is a key part of ADB’s multifaceted response to the flood crisis in Pakistan and is part of the bank’s commitment to provide $1.5 billion in total assistance between 2023 and 2025 to accelerate the country’s recovery from the floods.
“This project will help rebuild homes and communities, and restore livelihoods and basic services in Sindh, the province hardest hit by the devastating floods of 2022,” said ADB Director General for Central and Western Asia Yevgeniy Zhukov.
“It is part of ADB's broader support to help Pakistan recover from the disaster that affected 33 million people and damaged homes and infrastructure across the country.”
Sindh suffered around 83% of the total housing damage caused by the 2022 floods, with around 2.1 million houses completely destroyed or damaged.
Two years on, many victims are still residing in inadequate temporary shelters lacking essential services such as water, sanitation and electricity.
The project will support conditional cash grants for the reconstruction of 250,000 homes with multi-hazard resilient and environmentally sensitive designs.
It will also support community-driven construction of infrastructure such as drinking water facilities, sanitation facilities, covered drainage and renewable energy solutions for 100,000 households in around 1,000 flood-damaged villages in Sindh.
The project will also support conditional cash grants for livestock, agriculture, small businesses and e-commerce.
“ADB support will not only help Pakistan build back better, but will also promote community-led climate resilience and disaster risk management strategies to better prepare for future hazards,” said ADB Director for Water and Urban Development Srinivas Sampath.
“We are coordinating closely with other development partners to support the government's recovery and reconstruction priorities.”
The project supports the Government’s Resilient Rehabilitation, Reconstruction and Recovery (4RF) strategy and will follow an integrated and sequential approach so that investments across sectors complement each other.
A $500,000 technical assistance grant will further support the government’s operational capabilities in procurement, safeguards compliance, and technical and financial management.
