The Asian Development Bank provides 160 million dollars to improve efficiency of train services.

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A loan agreement with the Asian Development Bank for a project on improving efficiency of the train services will be signed at the Finance Ministry tomorrow morning. The Asian Development Bank approved 160 million dollars in this regard last week. The project was commenced in February last year to solve the problems and to improve the efficiency of train services. The Asian Development Bank has decided to provide funds for 32 sub projects following a study on the needs of the train services. The project will include modern signal and telecommunication systems and an international level railway stations.

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