PM Shehbaz discusses need for ML-1 railway project's early groundbreaking in meeting with ADB official
Prime Minister Shehbaz Sharif discussed the need for Karachi-Peshawar Main Railway Line’s (ML-1) early groundbreaking with Asian Development Bank (ADB) South, Central, and West Asia Vice President Yingming Yang on Friday. The premier and the visiting ADB official held a meeting in Islamabad, the Prime Minister’s Office (PMO) said in a statement, adding that a central focus of the discussion was…
Prime Minister Shehbaz Sharif met with Asian Development Bank (ADB) Vice President Yingming Yang in Islamabad to discuss the early groundbreaking of the Karachi-Peshawar Main Railway Line’s (ML-1) project. The premier emphasized that upgrading the long-delayed railway project was crucial for modernizing freight logistics, strengthening regional trade connectivity, and supporting major industrial initiatives.
The $10 billion ML-1 project, which is partially financed through public-private partnerships, is a vital national infrastructure priority. ADB has already provided $2 billion in financing for the Karachi-Rohri section, which is currently under construction. The meeting also covered Pakistan's transition to sustainable and inclusive growth through private sector-led development, as outlined in the new Country Partnership Strategy (CPS) 2026-2030.
Yang, leading an ADB delegation in Islamabad, discussed expanding cooperation in various sectors, including energy security, food security, export competitiveness, artificial intelligence, and information technology. The two leaders agreed to translate the strategic priorities of the CPS into concrete, high-impact results to drive sustainable growth and enhance the living standards of Pakistan's citizens.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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