Omani company to fund rail project in Pakistan

Muscat: A memorandum of understanding was signed between Anwar Asia Investment Company and Pakistan Railways, whereby the Omani company will provide financing for the construction of a part of the trains project linking the Pakistani regions.

The Oman News Agency said: "Eng. Ridha Juma Al Saleh, the Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), and the Governor of Punjab Province in the Islamic Republic of Pakistan discussed prospects for trade and investment cooperation between the Sultanate of Oman and Pakistan and encouraging investment in the fields of tourism, agriculture, education and health."

"During the meeting, a memorandum of understanding was signed between Anwar Asia Investment Company and Pakistan Railways, whereby the Omani company will provide financing for the construction of part of the railway project that links the Pakistani regions in four packages."