Pakistan Railways has secured a $390 million loan, originally intended for a bridge at Reko Diq, to finance the modernization of the ML-3 railway line. The funds, previously earmarked for the Reko Diq project which faced delays, will now be redirected to upgrade the vital railway corridor. ML-3 connects Sindh and Balochistan, aiming to improve freight transport and regional connectivity. The project includes upgrading tracks, bridges, and signaling systems along the 876-kilometer route. Officials anticipate the upgrade will significantly boost economic activity in the region and reduce transportation costs. The decision follows approvals from the Ministry of Finance and relevant stakeholders, marking a shift in resource allocation for key infrastructure development. The railway upgrade is expected to be completed within the next three years.
