An Omani company is financing the establishment of a rail project linking a number of Pakistani regions.

The Oman News Agency said: "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 are discussing prospects for trade and investment cooperation between the Sultanate of Oman and Pakistan and encouraging investment in the two countries 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."

SOURCE: TIMESOFOMAN