national

April 16, 2020

Upgrading of Karachi to Peshawar railway line deferred

ISLAMABAD: The government on Wednesday deferred the approval of much-awaited upgradation of Mainline-1 railway from Peshawar to Karachi and construction of Havelian Dry Port with estimated cost of $9.172 billion with 90 percent Chinese loan.The multi-billion project is proposed to seek loan of $8.255 billion from China under the China Pakistan Economic Corridor while the Pakistani side will finance $917.23 million through the Public Sector Development Program . The ML-1 project was deferred...