ADB to the rescue? Pakistan eyes $2 billion railway upgrade; China’s decade-long rail promise falters

The Asian Development Bank is poised to finance Pakistan's railway infrastructure upgrade, stepping in after delays in Chinese funding threatened the crucial Reko Diq mining project. The ADB will spearhead a $2 billion upgrade of the Karachi-Rohri section, essential for transporting copper ore. This intervention addresses concerns about evacuating output from the mine, with production slated to begin in 2028.