Business News

Punjab govt to get Rs 100 billion loan for Orange Line

LAHORE, June 13 (APP): The Punjab government will get Rs 100 billion loan from Chinese Bank for the construction of Orange Line Metro Train project during the next fiscal year 2016-17.
According to the budget documents, the Punjab government will get Rs 100 billion loan from Chinese Exim Bank which will be utilised during the next fiscal year for timely completion of the project.
Meanwhile, it is pertinent to mention here that a sum of Rs 32.2 billion has been allocated for the transport sector for 2016-17.