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#ML-1 Railway

Pakistan

Pakistan & China agreed to execute $10 Billion project “ML-1 Railway”

Pakistan and China on Thursday agreed to execute the Mainline-1 (ML-1) railway project at an estimated cost of $10 billion, sources reported. The Joint Coordination Committee (JCC) also decided to undertake business-to-business deals under the China-Pakistan Economic Corridor (CPEC). Pakistan will also request for the rollover of deposits and rescheduling of its $27 billion debt.…

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