{"id":16151,"date":"2025-03-11T04:17:31","date_gmt":"2025-03-11T04:17:31","guid":{"rendered":"https:\/\/gsrra.com\/?p=16151"},"modified":"2025-03-11T04:17:33","modified_gmt":"2025-03-11T04:17:33","slug":"russia-uae-commit-1bn-for-pakistan-railway-sector-revitalisation","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=16151","title":{"rendered":"Russia, UAE commit $1bn for Pakistan railway sector revitalisation"},"content":{"rendered":"\n

Russia plans to invest $550-660 million in upgrading Quetta-Taftan railway line, while the UAE is considering a $350-400 million investment in constructing a freight corridor<\/em><\/strong><\/p>\n\n\n\n

Pakistan\u2019s railway sector, long in need of modernisation, is set to receive a significant boost with commitments from Russia and the United Arab Emirates (UAE) totaling up to $1 billion in investments.<\/p>\n\n\n\n

Negotiations between Pakistan and these nations have focused on rejuvenating the railway sector.<\/p>\n\n\n\n

Pakistan\u2019s railways, once a key player in goods transport, suffered a decline due to various challenges, including competition from the tanker industry.<\/p>\n\n\n\n

Russia has pledged an investment between $550 million and $660 million for upgrading the Quetta-Taftan railway line in Balochistan.<\/p>\n\n\n\n

This commitment was formalised during a recent visit by Pakistan Railway\u2019s minister and secretary to Russia on December 8, 2023, and efforts are underway to finalize a government-to-government (G2G) framework agreement.<\/p>\n\n\n\n

Pakistan\u2019s ambassador to Russia has been tasked with monitoring the progress of this investment plan.<\/p>\n\n\n\n

Additionally, this follows Pakistan\u2019s recent success in importing oil from Russia, a move seen as strengthening economic ties between the two countries.<\/p>\n\n\n\n

Russia had also previously shown interest in revitalizing Pakistan Steel Mills (PSM) and investing in modernizing Pakistan\u2019s older power plants.<\/p>\n\n\n\n

Meanwhile, the UAE is considering an investment of $350-400 million for constructing a dedicated freight corridor in Pakistan.<\/p>\n\n\n\n

This potential investment builds on the UAE\u2019s ongoing economic engagements in Pakistan, including a recent agreement to invest in a port terminal in Karachi.<\/p>\n\n\n\n

Ad powered by advergic.com<\/p>\n\n\n\n

The UAE\u2019s plans include the construction of the dedicated freight corridor (DFC) and a multimodal logistic hub at Pipri.<\/p>\n\n\n\n

Reference Link:- https:\/\/profit.pakistantoday.com.pk\/2024\/01\/23\/russia-uae-commit-1bn-for-pakistan-railway-sector-revitalisation\/<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Russia plans to invest $550-660 million in upgrading Quetta-Taftan railway line, while the UAE is considering a $350-400 million investment in constructing a freight corridor Pakistan\u2019s railway sector, long in need of modernisation, is set to receive a significant boost with commitments from Russia and the United Arab Emirates (UAE) totaling up to $1 billion […]<\/p>\n","protected":false},"author":1,"featured_media":16152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3007,2421,132,105,2707,36,2932,7306,57,4033,11537,1004,14170],"class_list":["post-16151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-cargo","tag-connectivity","tag-economy","tag-geopolitics-2","tag-logistics","tag-pakistan","tag-pakistan-railway","tag-passengers","tag-russia","tag-transportation-2","tag-travelling","tag-uae","tag-uae-commit-1bn-for-pakistan-railway-sector-revitalisation"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16151"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16151\/revisions"}],"predecessor-version":[{"id":16153,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16151\/revisions\/16153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/16152"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}