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Railways Development Project

Pakistan

Borrower Pakistan
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 14.06.2001
Signed 26.04.2002
Status Completed
Loan Administrator ISDB
Executing Agency Pakistan Railways
Co-financiers ISDB, Government, UIF
OPEC Fund Contribution (US$m) 15.00
Total Project Cost (US$m) 60.68

Pakistan's 7,757-km railway network represents the backbone of its transportation system and plays an important role in the country's economy. Due to resource constraints, though, Pakistan Railways has fallen behind in routine and periodic maintenance, leading to deterioration of the entire infrastructure. The project will therefore comprise:

  • re-commissioning of locomotives;
  • renovation or purchasing of new rolling stock, in particular freight and high capacity oil-tank wagons;
  • restoration of deteriorated stretches of track;
  • modernization of plant and machinery at various workshops.
These efforts will serve to expand the network's carrying capacity, and improve speed and safety standards.

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