ADB offers easy loans to Pakistan Railways

LAHORE: Asian Development Bank (ADB) has shown keen interest to invest in Pakistan Railways by keeping in view its performance, development and progress.

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The ADB offered to provide loans to PR on flexible conditions for bringing advancement in railways infrastructure.

A workshop of ADB and PR would be held tomorrow (Wednesday) in Islamabad to discuss the details of this offer, whereas Federal Minister for Railways Khwaja Saad Rafique and other senior officials of PR including Chairperson Railways Perveen Agha, CEO Javed Anwar, and others would also participate in the workshop.

Saad Rafique said that the offers of investment by the international institutions were due to the performance and ongoing development in the department.

He said that they would carry out comprehensive review of this offer.

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