Govt seeks funds for ML-1 upgrade
The Express Tribune • • 1 min read

Ahsan Iqbal, the federal minister for planning, used a visit to Mongolia to call the ML-1 railway upgrade essential for trade, freight and regional connectivity, The Express Tribune reported. He said the 1,726-kilometre line between Karachi and Peshawar carries 76% of passenger traffic and 98% of freight despite major infrastructure constraints. He described the corridor as a national economic priority rather than just a railway project.
Planned works would lift capacity to 120 train pairs from 34, raise passenger speeds to 160 km per hour and freight speeds from 30 to 80 km/h. Travel between Karachi and Rohri would drop from eight hours to about four and a half hours, while freight demand is forecast to hit roughly 21 million tonnes a year by 2035. The $2.5 billion Karachi-Rohri section is the most advanced part, with the Asian Development Bank leading financing and AIIB, the World Bank, IsDB and EIB as co-financiers.
Iqbal said the Karachi-Rohri project has moved beyond the concept phase, with readiness financing in place and engineering work under way. Pakistan plans to treat that section as the first step toward modernising the full Karachi-Peshawar route, and is working on financing for the Rohri-Peshawar stretch. He added that the immediate task is turning existing progress into implementation while raising funds for the rest of the corridor.
At a glance
- The Karachi-Rohri section is the most advanced part of the ML-1 modernisation plan.
- Karachi to Rohri travel time would fall from eight hours to about four and a half.
- Pakistan is developing a financing route for the Rohri-Peshawar stretch in parallel.
Originally reported by The Express Tribune
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Pakistan, Saudi Arabia investors launch fund to boost trade, investmentDawn• 9 Nov 2026
Oil slides as Trump signals restraint on Iran despite fresh shipping attacksBR• 9 Nov 2026
China extends US trade truce by two monthsTribune• 9 Nov 2026
Copper rebounds on firmer risk sentiment and tight supply in ChinaBR• 9 Nov 2026
Indian shares inch higher to close at 8-month high as crude oil dropsBR• 9 Nov 2026
Gold price in Pakistan rises Rs3,200 per tolaMettis• 9 Nov 2026

