Story perspectives
ADB Invests $2 Billion to Upgrade Pakistan's Railway Network
8/23/2025
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Story summary
- The Asian Development Bank (ADB) will finance a $2 billion upgrade of a 500-km railway in Pakistan.
- This project aims to improve the mining sector and support the China-Pakistan Economic Corridor (CPEC).
- ADB has also committed $410 million for the Reko Diq mine, projected to begin production in 2028.
- ADB's president will visit Islamabad next week to finalize the deal.
