PM Shehbaz Speeds Up ML-1 Upgrade as Railway Land Is Tapped for Financing
PM Shehbaz Sharif has ordered faster implementation of the ML-1 upgrade and approved commercial use of railway land to help secure bank financing for the project.
ADB And World Bank Consider Financing $6.8 Billion ML-1 Railway Project
ADB and World Bank are considering financing Pakistan’s $6.8 billion ML-1 railway project, with multiple international institutions showing interest.
Special Investment Facilitation Council prioritizes expansion of motorway network to boost regional trade
Pakistan coordinates infrastructural efforts through SIFC to build M-12 and M-13 motorways for enhanced domestic freight logistics.
ADB Issue Final Deadline for 360 Million Dollar CAREC Infrastructure Loan
The Asian Development Bank sets an April 5 deadline for Pakistan’s NHA to finalize the 360 million dollar CAREC Tranche-III project or risk losing vital funding.
Pakistan and Saudi Arabia Explore Economic Corridor to Boost Trade and Investment
Pakistan and Saudi Arabia are exploring the Pak-Saudi Economic Corridor to enhance trade, investment, and regional connectivity. The corridor aims to replicate CPEC’s success while aligning with Saudi Vision 2030 and Pakistan’s development goals.