ML-1 Rail Project
Sector: Rail • Location: Pakistan
Source: Dawn
The ML-1 rail project is a vital infrastructure project in Pakistan, part of the China-Pakistan Economic Corridor. It has faced repeated delays since 2017 due to various issues including Covid-19 disruptions, political turmoil, financing disputes, liquidity shortages, and security risks for Chinese workers. The project cost was initially estimated at $9.85 billion but was rationalised to $7 billio
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The ML-1 rail project is a vital infrastructure project in Pakistan, part of the China-Pakistan Economic Corridor. It has faced repeated delays since 2017 due to various issues including Covid-19 disruptions, political turmoil, financing disputes, liquidity shortages, and security risks for Chinese workers. The project cost was initially estimated at $9.85 billion but was rationalised to $7 billion through a bilateral agreement in October 2023 to make it viable. A $7 billion multi-party financing package involving China, Pakistan, the Asian Development Bank, and the Asian Infrastructure Investment Bank has been agreed upon, with a 2025-29 action plan mapped out. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |