ADB to fund Pakistan’s core Belt and Road project as China steps aside

Belt and Road

Islamabad’s serial design changes to Main Line-1 railway have frustrated Beijing

People board an overcrowded passenger train at a railway station in Lahore on March 29. A formerly China-funded railway project in Pakistan has a new lease on life now that the Asian Development Bank has stepped up with a lending package. © AP

ADNAN AAMIR

ISLAMABAD — Pakistan has decided to proceed with its largest project of the Belt and Road Initiative with a loan from the Asian Development Bank now that Beijing has retreated due to mounting concerns over unpaid power sector dues and security challenges.


Continue Reading