{"id":101680,"date":"2025-03-16T10:13:00","date_gmt":"2025-03-16T05:13:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=101680"},"modified":"2025-03-14T12:18:08","modified_gmt":"2025-03-14T07:18:08","slug":"gulf-funding-sought-for-chagai-gwadar-rail-link","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/gulf-funding-sought-for-chagai-gwadar-rail-link.html","title":{"rendered":"Govt eyes Gulf funding for USD 2 bn Chagai-Gwadar rail link"},"content":{"rendered":"\n<p>Islamabad: The government of Pakistan has approached Gulf countries for a $2 billion investment to construct a railway track connecting Chagai to Gwadar, sources told ProPakistani. The proposed railway line is crucial for transporting minerals extracted from the Reko Diq mines to Gwadar for export, officials said.<\/p>\n\n\n\n<p>According to sources, a completely new railway track will be built for this purpose. The Ministry of Finance, Ministry of Railways, and the Special Investment Facilitation Council (SIFC) have already completed a feasibility study for the project.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/gwadar-port-linked-ml-1-quetta.html\" target=\"_blank\" rel=\"noreferrer noopener\">Rail links planned to connect Gwadar Port with ML-1, Quetta<\/a><\/p>\n\n\n\n<p>However, Gulf nations have reportedly sought sovereign guarantees for their investment in the railway project. The Ministry of Finance has raised concerns over this request, stating that Pakistan, under the IMF loan program, cannot provide guarantees for every foreign investment.<\/p>\n\n\n\n<p>During a briefing to the International Monetary Fund (IMF) delegation, SIFC officials highlighted the council\u2019s role in facilitating investments and acting as a bridge between investors and the government. The IMF has reportedly insisted that Pakistan avoid granting tax exemptions to international investments made under the SIFC framework.<\/p>\n\n\n\n<p>To address concerns, the Ministry of Finance and Ministry of Law are negotiating amendments to the Sovereign Wealth Fund framework, which may provide an alternative mechanism for securing investment.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/financing-ml-1-nears-final-stage-pr.html\" target=\"_blank\" rel=\"noreferrer noopener\">ML-1 railway project financing moves forward, linking Karachi to Peshawar<\/a><\/p>\n\n\n\n<p>Meanwhile, the IMF delegation was also briefed on the governance, structure, and investment plans of the SIFC, as Pakistan seeks to attract large-scale foreign investment to boost infrastructure and economic development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government of Pakistan has approached Gulf countries for a $2 billion investment to construct a railway track connecting Chagai to Gwadar, sources told ProPakistani. The proposed railway line is crucial for transporting minerals extracted from the Reko Diq mines to Gwadar for export, officials said. According to sources, a completely new railway track will be built for this purpose. The Ministry of Finance, Ministry of Railways, and the Special Investment Facilitation Council (SIFC) have already completed a feasibility study for the project. Read: Rail links planned to connect Gwadar Port with ML-1, Quetta However, Gulf nations have reportedly sought sovereign guarantees for their investment in the railway project. The Ministry of Finance has raised concerns over this request, stating that Pakistan, under the IMF loan program, cannot provide guarantees for every foreign investment. During a briefing to the International Monetary Fund (IMF) delegation, SIFC officials highlighted the council\u2019s role in facilitating investments and acting as a bridge between investors and the government. The IMF has reportedly insisted that Pakistan avoid granting tax exemptions to international investments made under the SIFC framework. To address concerns, the Ministry of Finance and Ministry of Law are negotiating amendments to the Sovereign&hellip;<\/p>\n","protected":false},"author":18,"featured_media":60038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[63086,7498,4295,63088,1514,11728,47122,63084,12669,32,63089,63085,14927,60375,63087],"persona":[],"class_list":{"0":"post-101680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-chagai-gwadar-rail-link","9":"tag-economic-growth","10":"tag-foreign-investment","11":"tag-gulf-investment","12":"tag-gwadar","13":"tag-imf","14":"tag-infrastructure-development","15":"tag-mineral-transport","16":"tag-ministry-of-finance","17":"tag-pakistan","18":"tag-pakistan-railway-project","19":"tag-railway-investment","20":"tag-reko-diq","21":"tag-sifc","22":"tag-sovereign-guarantees","23":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gulf funding sought for Chagai-Gwadar rail link - Zameen News<\/title>\n<meta name=\"description\" content=\"The proposed railway line is crucial for transporting minerals extracted from the Reko Diq mines to Gwadar for export, officials said...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/gulf-funding-sought-for-chagai-gwadar-rail-link.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gulf funding sought for Chagai-Gwadar rail link - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The proposed railway line is crucial for transporting minerals extracted from the Reko Diq mines to Gwadar for export, officials said...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/gulf-funding-sought-for-chagai-gwadar-rail-link.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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