Posted on June 10, 2011

The World Bank is to  provide  a $975 million loan for a freight only railway line to enable more efficient movement of raw materials and goods between Northern and Eastern India. The loan  will finance approx 1,100 km of the 1,800 Km Eastern Dedicated Freight Corridor [Ludhiana-Delhi-Mughal Sarai] in three phases.

The loan will mature in  22 years, with a grace period of 7 years and will also help to develop the capacity of the Dedicated Freight Corridor Corporation which will build and maintain the railway infrastructure.

The eastern corridor (Delhi-Kolkata)  will remove the constraints to growth in the industrial areas of Punjab and Haryana.  This will allow the railway company to make more capacity available for passengers in this densely populated area.


China Hong Kong Spain exports Poland Seafreight exporters Sweden India Gothenburg France Brexit Netherlands logisitics wine Pakistan Freight Shipping exports China Turkey export imports Denmark freight forwarders rail freight Vietnam U.S.A Australia Covid-19 Canada Switzerland Germany italy freight forwarding USA cargo Swedish South Africa Norway shipping freight Sweden freight Finland EU air freight container Ireland Japan containers logistics waste