Islamabad: Minister for Economic Affairs Ahad Cheema has extended an invitation to the Japan International Cooperation Agency (JICA) to explore co-financing opportunities for the Main Line-1 (ML-1) Railway project. The initiative is already receiving support from the Asian Development Bank and other development partners.
According to Radio Pakistan, during a meeting in Islamabad with Dr. Tanaka Akihiko, President of JICA, Ahad Cheema emphasized the strategic importance of modernizing the ML-1 railway line. He noted that the project would bolster Pakistan’s transportation infrastructure, enhance trade, and improve industrial connectivity, contributing to sustainable economic growth. Dr. Tanaka acknowledged the significance of the ML-1 project and expressed JICA’s willingness to consider the proposal.
Both parties reaffirmed their commitment to strengthening Pakistan-Japan development cooperation. They agreed to maintain close engagement in exploring new opportunities for collaboration in various sectors, including infrastructure, human resource development, digital transformation, and tourism, aiming to promote sustainable and inclusive economic growth in Pakistan.