28.10.2009 - IDB sanctions $140mln loan for rail system
From Dawn.com: The Jeddah-based Islamic Development Bank (IDB) has agreed to provide $140 million for replacement of decades-old and obsolete signalling system of Pakistan Railways. Under the agreement, the bank would finance the procurement, installation and commissioning of equipment to establish modern computerised signalling system including training, project supervision, consultant and corresponding project contingency..........................Full Article: Source
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