Pakistan set to get ADB finance for rail upgrade that China was to fund but didn’t – Firstpost
The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing China, after prolonged delays in securing financing from Beijing threatened to put a strain on a strategic mining project, two sources said on Friday. An extensive revamp of 1,800 km (1,118 miles) of railways has been the centrepiece of a $60 billion Chinese