Karachi Circular Railway Gets Massive $1 Billion Lifeline as ADB Steps In
KARACHI: The Asian Development Bank has offered $1 billion to revive the Karachi Circular Railway, giving the decade-old project its most credible financing lifeline yet after repeated failures under the China-Pakistan Economic Corridor left it going nowhere. An ADB senior delegation met Sindh Chief Secretary Asif Hyder Shah and announced that the bank would finance ... Read more
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