Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar stated on Wednesday that a modern, efficient, and fiscally viable railway network is vital for national economic integration and regional connectivity.
During a meeting chaired by Dar to assess proposals for the revamping and restructuring of Pakistan Railways, he directed concerned ministries and financial institutions to explore all funding options. He specifically highlighted the need for structuring commercial bank financing for the Main Line-1 (Rohri-Multan Section) project to ensure it is implemented.
According to a press release from the Foreign Office Spokesperson, the meeting included the Governor of the State Bank of Pakistan, SAPM Tariq Bajwa, the Secretaries of Railways and Economic Affairs Division, the Special Secretary Finance, and representatives from various ministries and departments.
The participants evaluated operational models and financing frameworks intended to modernize railway infrastructure while ensuring financial sustainability. These restructuring options included international funding mechanisms, domestic bank financing, and public-private partnerships (PPP).
