N.Siddiqui
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A Day with Orange Line Metro Train Lahore
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Project built by 5 Billion Dollar loan , which was taken when the currency was 99 rupees for 1 Dollar
after the Sharif Badmash Brothers left , currency was down 150 for 1 Dollar , so that Loan is now
8-9 billion Dollar
It is yet to be seen how this project will make money
A simple Bus Network would be worked as well
It is a good project but since it is based on a Loan it has lost some of it's appeal
The Loans will be paid 100% by Pakistan's GDP and year to year income , Sharif Brother did not use their own money
Asset is owned by Pakistan 100%
99.9 % of all public transport systems in the world require a subsidy from the government.Project built by 5 Billion Dollar loan , which was taken when the currency was 99 rupees for 1 Dollar
after the Sharif Badmash Brothers left , currency was down 150 for 1 Dollar , so that Loan is now
8-9 billion Dollar
It is yet to be seen how this project will make money
A simple Bus Network would be worked as well
It is a good project but since it is based on a Loan it has lost some of it's appeal
The Loans will be paid 100% by Pakistan's GDP and year to year income , Sharif Brother did not use their own money
Asset is owned by Pakistan 100%
99.9 % of all public transport systems in the world require a subsidy from the government.
The sole aim should be to reduce private vehicles on roads. Efficient societies like Japan, Singapore, etc rely heavily on public transportation.
Read the difference between operating profit and net profit. Net has all negative cash flows including interest and loan repayments included.Not really , Developed country's Subway and Bus System makes Millions per day (In Dollar)
Only countries that don't have proper prices or proper tracking of assets struggle to collect real $$$ figure from project
The current claim by Punjab authorities of no profit from Mass Transit is just example of not properly tracking the resources or setting the correct price for the Train
"SUBSIDY" is only prevalent in Pakistan
We have to cut that Ambilocal Chord
If you don't have money to pay for Train , Walk or Ride a Horse
Read the difference between operating profit and net profit. Net has all negative cash flows including interest and loan repayments included.
Trick is to construct it in a high use high density area rather than a convenient area.
Hyderabad example above is true to a extent but unfortunately this metro was prevented from construction in the most crowded areas due to politics by MIM. Now these clowns want the metro. But alignment is now changed. Read the history of Hyderabad metro in skyscrapercity and the political issues it faced., especially the route.
Just checked the ridership in hyderabad metro and its reached 4.6 lakhs per day , ie 7 % of the city's population.
And the network is expanding.
If you want badly utilized metro examples in India, Chennai and jaipur are the prime examples. But India has the money , just not the brains to utilize it properly. Pakistan has a resource issue.This Lahore Orange line Metro is constructed in a crowded, low income area starting from Dera Gujjran, north east Lahore...and most of the route is crowded and low income area.
But the Metro footfall of traffic is mostly office goers, who uses it twice daily, the school and college, univ. students, there is a University at the route and this is good. So the area is congested but I am afraid there are not too many office goers and students here...as most of the area has small shops and garages, small factories with labor class.
The other end, the south West has more public buildings and large commercial district.
Also the blanket fare of Rs. 40 for all the stations is wrong. Like three, four different fares would have attract more passengers for smaller route of say 5kms, 8-10 kms. Now shorter route passengers will avoid it as they have to pay the same amount who avail the full 27 kms. And it means less boarding and exiting passengers, and less footfall, this simple thing was ignored by the authorities.
Hyderabad example above is true to a extent but unfortunately this metro was prevented from construction in the most crowded areas due to politics by MIM. Now these clowns want the metro.
If delhi metro can be constructed in old delhi , chandni chowk , etc , with minimum disturbance, Pakistan with its lesser density is not a problem. Just get good consultants like the Japanese. Delhi metro had consultants from 10 different countries including Japan, hong kong, uk, etc. , when it started construction in 1998.Check this Lahore Colonial Area...there is a route planned too but due to the area being high end and big biz, this route was not started as it requires excavations and chaos. And the idea was to get it done in a less privileged area to gain the experience.
Public transport systems aren't meant to make profit for the government, they are only there to help the citizens.Project built by 5 Billion Dollar loan , which was taken when the currency was 99 rupees for 1 Dollar
after the Sharif Badmash Brothers left , currency was down 150 for 1 Dollar , so that Loan is now
8-9 billion Dollar
It is yet to be seen how this project will make money
A simple Bus Network would be worked as well
It is a good project but since it is based on a Loan it has lost some of it's appeal
The Loans will be paid 100% by Pakistan's GDP and year to year income , Sharif Brother did not use their own money
Asset is owned by Pakistan 100%