Islamabad — Margalla News: The Asian Development Bank and World Bank have shown financing interest in Pakistan's Karachi-Peshawar Main Line-1 railway project.
Dawn reported that a National Assembly committee was told the revised estimated cost is about $6.8 billion and that ADB is being considered as a potential lead financing institution.
Officials said the World Bank, AIIB and other international lenders have also expressed co-financing interest or commitments. The financing package has not yet been fully closed.