ADB to back Pakistan rail upgrade as China financing stalls, sources say
kathmandupost.com · Sat Aug 23 08:15:01 GMT 2025
ADB to lead $2 billion railway network upgrade; Officials say move will not upset China
The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing China, after prolonged delays in securing financing from Beijing threatened to put a strain on a strategic mining project, two sources said on Friday.
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