$390m Reko Diq bridge loan for ML-3
Pakistan Railways is set to receive a $390 million bridge loan to finance part of its 996-km Main Line-3 project, which aims to upgrade the Rohri-Sibi-Quetta-Koh-i-Taftan rail line. The project seeks to enhance mineral exports, especially from the Reko Diq copper and gold project, and bolster regional connectivity with Iran and Turkiye while improving access to the Gwadar Port. This initiative underscores Pakistan's strategic push to strengthen its infrastructure and economic ties in the region despite financial hurdles.
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