PM Shehbaz urges early start for ML-1 railway project in ADB meeting
At a glance
- PM Shehbaz Sharif met with ADB VP Yingming Yang to discuss the ML-1 project.
- The PM urged an early groundbreaking for the vital Karachi-Peshawar railway line.
- The project is a key part of CPEC, with Pakistan seeking scaled-up ADB financing.
Story so far
The Main Line-1 (ML-1) project is a major initiative under the China-Pakistan Economic Corridor (CPEC) to upgrade the 1,733 km railway line from Karachi to Peshawar. The estimated $10 billion project is considered crucial for modernizing Pakistan's logistics and trade connectivity. Pakistan has been in discussions with multiple financing partners, including the Asian Development Bank (ADB), from which it has already secured $2 billion for the initial Karachi-Rohri section.
Latest development
Prime Minister Shehbaz Sharif met with an Asian Development Bank official on Friday, stressing the need for an early groundbreaking of the Main Line-1 (ML-1) railway project. The PM's Office described the Karachi-Peshawar line upgrade as a 'vital national infrastructure priority'.
Sources and updates
PM Shehbaz discusses need for ML-1 railway project's early groundbreaking in meeting with ADB official
Prime Minister Shehbaz Sharif discussed the need for Karachi-Peshawar Main Railway Line’s (ML-1) early groundbreaking with Asian Development Bank (ADB) South, Central, and West Asia Vice President Yingming Yang on Friday. The premier and the visiting
Pakistan, Asian Development Bank discuss early groundbreaking of ML-1 railway
Prime Minister Shehbaz Sharif on Friday called for an early start to work on the planned upgrade of the country’s Main Line-1 railway, as Islamabad and the Asian Development Bank (ADB) discussed infrastructure and other development priorities under a
Responses