ML-1 railway project

Pakistan awaits $6 bln loan from Exim Bank of China for ML-1 railway project

Project to be built on cost-sharing basis between Islamabad and Beijing, major financing coming from China’s Government Concessional Loan
Last year Pakistan approved the project, its costliest to date, as part of multibillion-dollar China-Pakistan Economic Corridor agreement

By KHURSHID AHMED · 23 April 2021