A delegation of Omani investors, under the chairmanship of Al Anvwar Asian Investments, Dr. Anwar Al Balushi, met with Minister for Board of Investment Chaudhary Salik Hussain in Islamabad and informed him about their possible investment.
The delegation expressed their interest in the construction of a 1,087-kilometer-long rail track from Gwadar to Jacobabad, Sindh.
Anvwar Asia Investment Company, which is renowned as a top global facilitator in project financing, also signed a memorandum of understanding earlier this year with Pakistan Railways. It was assisted by Railcop, which prepared a feasibility report of the project.
Media reported that after a comprehensive discussion, the Pakistan Railways decided to sign an agreement with an investment company from Oman, last week, under which the firm will provide initial funding of $500 million for the construction of railway tracks.