Pakistan, ADB inch toward $2 billion financing agreement for railway upgrade venture

“The 480-kilometer Karachi-Rohri railway section is part of the $7 billion Main Line-1 (ML-1) project, which Islamabad has long sought to implement under the China-Pakistan Economic Corridor (CPEC) project.”

“The ML-1 upgrade is the largest infrastructure scheme under the over $60 billion CPEC project, with Beijing originally pledging $6.67 billion for it in 2016. However, financing has stalled for nearly a decade.”

“The ML-1 project aims to modernize Pakistan’s 1,250-kilometer strategic railway corridor stretching from Kotri city in Sindh to the eastern city of Attock in Punjab. It will feature over 90 operational stations and a dedicated freight track.”

“ML-3 corridor stretches from Rohri to Taftan in Pakistan’s southwestern Balochistan province via the Sibbi and Quetta cities. The track’s rehabilitation would enhance Pakistan’s regional freight connectivity toward Turkiye via Iran, the Pakistan Railways CEO added. ”

https://www.arabnews.com/node/2633535/pakistan

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