The ADB will allocate $1 billion for the revitalization of the Karachi Circular Railway.

The Asian Development Bank has indicated its willingness to contribute up to $1 billion in the revitalization and modernization of the Karachi Circular Railway, a significant urban transit initiative.

The development was addressed in a meeting between Sindh Chief Secretary Asif Haider Shah and an ADB delegation headed by Deputy Country Director Hussain Haider.

Officials evaluated proposals to enhance Sindh’s transportation sector, encompassing the establishment of integrated urban transit networks in key cities like Hyderabad, Sukkur, and Larkana.

Officials indicate that ADB’s assistance will concentrate on two primary domains: the development of contemporary urban transportation systems in major cities of Sindh and the restoration and enhancement of the Karachi Circular Railway.

The chief secretary stated that the restoration of KCR is essential for tackling Karachi’s escalating traffic issues, noting that the project would alleviate congestion and enhance connectivity throughout the city.

Representatives of the ADB reiterated their dedication to promoting sustainable transportation projects and urban mobility solutions within the province.