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- Operations
- Railway Rehabilitation & Improvement Project
Railway Rehabilitation & Improvement Project
Pakistan
Borrower | Pakistan |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 04.12.1990 |
Signed | 01.08.1991 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Pakistan Railways Corp. |
Co-financiers | KFAED, ISDB, Government |
OPEC Fund Contribution (US$m) | 8.00 |
Total Project Cost (US$m) | 99.38 |
The aim of this project was to help modernize Pakistan’s railway system and increase its capacity for both passengers and freight. Over 1,000-km of tracks were rehabilitated and some 1,250-km of wooden ties replaced with reinforced concrete ones. These measures helped improve reliability and safety and reduce operating and maintenance costs.