Pakistan, as a developing na­tion, grapples with signifi­cant project delays, exemplified by the crucial ML-1 railway proj­ect stretching from Peshawar to Karachi. According to media re­ports, this project hinges on both IMF approval and a substantial $6.67 billion investment from China. The ML-1 railway is not the sole vic­tim of these challenges. A strategic approach, bolstered by efficient governance and inter­national collaboration, is essen­tial to navigate these hurdles and ensure the timely and successful completion of these vital projects. Pakistan’s progress depends on overcoming these obstacles and forging a path towards sustain­able development.

Source: The Nation October 23, 2023 20:16 UTC