Arsalan informs CAIP forum: Sindh to benefit from climate resilience, urban uplift investments
Business Recorder • • 1 min read

Sukkur Mayor Barrister Arsalan Islam Shaikh, speaking to the media after attending the Climate Adaptation Investment Planning Forum in Manila, outlined climate resilience and urban investment plans for Sindh, according to Business Recorder. He said the forum, hosted at the Asian Development Bank headquarters, brought together government officials, development partners and international lenders to discuss integrated planning and climate-resilient infrastructure.
The Sindh government, working with the ADB, has begun rolling out the Sindh Secondary Cities Improvement and Investment Programme, with an estimated investment of USD1 billion, or about Rs278 billion, for five divisional headquarters: Sukkur, Hyderabad, Larkana, Mirpurkhas and Shaheed Benazirabad. Shaikh said the programme will target water supply, wastewater, solid waste handling and scientific landfill sites, along with public-private partnership projects intended to make municipal corporations financially self-sufficient. Documents for Project Readiness Financing are close to finalisation, with publication anticipated shortly.
Separately, a USD2 million grant from the Urban Resilience Trust Fund, supported by The Rockefeller Foundation, the UK Government and the ADB, will fund heat and climate adaptation planning for Sukkur. Shaikh stressed that the money is grant-based rather than a loan, with no repayment or service charges, and that international consultants are due to start in November 2026. He also said he had offered condolences to the Madhesh Province chief minister in Nepal over lives lost in recent floods.
At a glance
- Sindh and the ADB are launching the Sindh Secondary Cities Improvement and Investment Programme.
- The programme's estimated investment is USD1 billion, or about Rs278 billion, across five cities.
- A USD2 million grant for Sukkur planning is entirely grant-based and carries no repayment obligation.
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Microsoft outage could generate $700 million in insured losses: KovrrBR• 13 Nov 2026
India's October trade deficit hits one-year high of $39.88 billion as gold imports jumpBR• 13 Nov 2026
Gold price per tola loses Rs4,900 in PakistanBR• 13 Nov 2026
PSW, Alibaba.com partner to boost trust in global e-commerce, support Pakistani exportersBR• 13 Nov 2026
Barrick Mining expresses interest in mineral processing industries in Karachi, GwadarDawn• 13 Nov 2026
Fire hits Kohinoor Energy Plant, 7 engines remain operationalMettis• 13 Nov 2026

