Pak Informer: Railways

IT Special Economic Zone

on December 29, 2018 0

KPT, KCR & Islamabad IT SEZ projects: CRCC seeks government’s help to finalize $11.2 billion pacts

China Railway Construction Corporation (International) Limited (CRCC) has reportedly sought government's cooperation in finalization of pacts for $ 11.2 billion investment in KPT projects, Karachi Circular Railway (KCR) and Islamabad IT Special Economic Zone, well-informed sources told Business Recorder.

This was stated by Wang Lei, Executive Managing Director CRCCI Pakistanin a letter to Prime Minister Imran Khan, copies of which have also been sent to other ministers and secretaries concerned.

...The Executive Managing Director further stated that as per the guidelines provided by the Prime Minister, the company's management has prioritised Karachi Circular Railway (KCR) project with an investment of $ 2 billion. The CRCC has contributed significant resources and manpower for the KCR revival project and the company's management has now placed this on the top most priority. Currently all the technical requirements have been fulfilled and the project is mature for implementation.

Investment Projects Railways

new cargo train

on December 24, 2018 0

Karachi-Lahore route: Railways, private sector to launch new cargo train

Pakistan Railways, in collaboration with the private sector, is set to launch a new cargo train service on the Karachi-Lahore route next week which will improve supply chain management in cross-border trade, cut freight cost and transportation time significantly.

“We are set to (initially) operate five cargo trains a week from December 25,” Marine Group of Companies Managing Director Aasim A Siddiqui, who represents the private sector in a joint venture with Pakistan Railways, told The Express Tribune on Saturday.

“This will be the first scheduled cargo train service in Pakistan,” he claimed, elaborating that the key to success of the new service would be its punctuality, accuracy and pre-defined timings for departure and arrival

Government Institutions Industry National Railways

Railways to upgrade Karachi-Peshawar track

on December 22, 2018 0

Railways

to upgrade

Karachi-Peshawar track

in next five years,

Rashid told Senate

ISLAMABAD: Minister for Pakistan Railways Sheikh Rashid Ahmed on Wednesday said Railways has finalized a plan to upgrade its track from Karachi to Peshawar via Lahore in the next five years under China Pakistan Economic Corridor (CPEC)project.

Responding a question asked by Senator Bahramand Khan Tangi in Senate, he said the Main Line-1 from Karachi to Peshawar via Lahore except Khanewal-Shor Kot-Faisalabad-Shahdara Section will be upgraded under CPEC project.

The minister said Railways track from Lahore to Peshawar via Rawalpindi will be dualised in the next five years.

730 kilometer track has been rehabilitated/ partially rehabilitated through Complete Track Renewal, Sleeper Renewal and Rail Renewal under different PSDP Projects, he added.

He informed that PC-I for rehabilitation of Track and Bridges in Sukkur Division is in process.

He said average 77.10 percent of track is overage, while 86 percent of Railways bridges are more than 100 years old but all bridges are safe for train operation due to effective maintenance owing to regular maintenance, rehabilitation and strengthening of these bridges.

Responding to another question, the minister said all the bridges are inspected annually as per schedule and minor repair are carried out departmentally in routine to ensure safety.

Recently 230 bridges have been rehabilitated/ reconstructed under various development projects, he added.

Replying a question, he said total number of posts lying vacant in Pakistan Railways in BS-01 to BS-22 are 23,748. To another query, he said an area of 15,025.44 acres has been licensed/leased out for various purpose(premium shops, stacking, agriculture, parking stands & petrol pumps) during last ten years from January, 2008 to December, 2017.

Pak Informer