Saudi Bank will Fund to Pakistan Rail Upgrade
Saudi Arabia’s Islamic Development Bank has agreed to finance the replacement of the old signalling system on a section of Pakistan’s railway.
The project initially involves installing modern and electronic interlocking system on 23 stations from Bin Qasim to Mirpur Mathelo.
Work will be carried out by a consortium of Bombardier, Sweden and China Railways Signal and Communications Corporation.
The project’s second phase, which is under planning, involves upgrading signalling systems on the Lodharan to Khanewal and Khanewal to Shahdara Bagh rail sections.
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