Monday , July 23 2018
Home / Insight / Report: Pakistan Railways is going to upgrade its network

Report: Pakistan Railways is going to upgrade its network

The federal government of Pakistan recently recommended a Rs36.9-billion project for procurement of 830 high-capacity bogie freight wagons and 250 passenger coaches for final approval of the Executive Committee of National Economic Council (Ecnec).

Muhammad Ashfaq Khattak, Railways’ senior officer noted that Pakistan Railways is going to upgrade its network at a cost of 870 billion rupees.

According to railway officials, the upgradation work of vital Railway lines from Lahore to Multan, Nawab Shah to Rohri and Peshawar to Rawalpindi will start shortly.

Railways transportation is an critical element of connectivity between Pakistan and China under the CPEC since implementation of railways projects would have a great  impact on socio-economic development of the region. Back in May, Pakistan signed an agreement with China to upgrade Karachi-Peshawar railway track.

According to officials of Pakistan Federal Minister for Ministry of Planning, Development and Reform, under the CPEC, China will help Pakistan upgrade its railway system, starting with the Karachi-Peshawar Railway Line, or Main Line 1 (ML1). Some 1,700-kilometer-long ML1 will cost the $8 billion for upgradation, which is likely to be completed in 5 years.

About Admin

Check Also

Need Asian IMF

At a time when economic challenges are multiplying on account of external woes and the …

Leave a Reply

Your email address will not be published. Required fields are marked *