ReferIndia News Pakistan Seeks $7 Billion ADB Loan for ML-I Railway Line Upgrade

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Pakistan Seeks $7 Billion ADB Loan for ML-I Railway Line Upgrade

Published on: Aug. 28, 2025, 9:56 p.m. | Source: Devdiscourse

Pakistan has turned to the Asian Development Bank for a $7 billion loan to upgrade the Mainline-I railway project after China declined support. The ADB may offer 60% funding for sections of the project, which is considered crucial for the country's infrastructure and economic growth.

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