ADB to the rescue? Pakistan eyes $2 billion railway upgrade; China’s decade-long rail promise falters
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The Asian Development Bank is poised to finance Pakistan's railway infrastructure upgrade, stepping in after delays in Chinese funding threatened the crucial Reko Diq mining project. The ADB will spearhead a $2 billion upgrade of the Karachi-Rohri section, essential for transporting copper ore. This intervention addresses concerns about evacuating output from the mine, with production slated to begin in 2028. What's Your Reaction?
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