Tue August, 2020, Age: 4 years
Last week, Pakistan’s top economic body, the Executive Committee of the National Economic Council (ECNEC), approved a record-breaking $6.8 billion project to upgrade its railway lines, known as Mainline-1, or ML-1. The project will upgrade Pakistan’s existing 2,6555km of railway tracks, as part of infrastructure investments that are a part of the China-Pakistan Economic Corridor (CPEC). Beijing has pledged over $60 billion in investments for the CPEC, but the project has become mired in bureaucratic obstructions as well as politicking between Beijing and Islamabad.