IDB to finance purchase of 300 locos for PR


ISLAMABAD – The Islamic Growth Financial institution (IDB) is to finance fleet enlargement plans of Ministry of Railways. 300 locomotives will likely be inducted by way of this financing in span of seven years. These locomotives will likely be bought in Full Knockdown (CKD) items and afterward will likely be assembled in Pakistan Locomotive Manufacturing unit, Risalpur. Turkey will also be taken for example that bought IDB mortgage and elevated its railway


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