Imran Ayub
May 13, 2026
KARACHI: After years of delays and failed revival attempts, the Karachi Circular Railway (KCR) project received a boost on Tuesday as the Asian Development Bank (ADB), giving a nod to the Sindh government’s request, assured it of $1 billion support in funding, raising hopes for revival of the long-delayed transport scheme.
A high-level ADB delegation met Sindh Chief Secretary Asif Hyder Shah and informed him that the bank was ready to finance the KCR revival with $1 billion, including an initial $10 million for preparatory work such as design review, operational planning, institutional arrangements and financing models.