anant_s
SENIOR MEMBER
- Joined
- Aug 21, 2012
- Messages
- 5,600
- Reaction score
- 92
- Country
- Location
THE Punjab provincial government's economics affairs secretary Mr Tariq Bajwa and Mr Sun Ping, vice president of Exim Bank of China, signed a Rs 162bn ($US 1.55bn) soft loan agreement to fund the entire Lahore Orange Line metro project during a ceremony held on December 21.
The 27.1km Orange Line, 25.4km of which will be elevated, will run from Ali Town via the main railway station and the University of Engineering and Technology to Dera Gujran. It will have capacity for 30,000 passenger per hour and is expected to serve 250,000 passengers per day
The project was initially agreed between the Chinese and Pakistan governments in May 2014. However, a series of national sit-in protests delayed progress.
As part of the agreement for the project, Chinese contractors are responsible for construction but they have said that they could subcontract electrical and mechanical works to Pakistani companies. Pakistan's chief minister Mr Shahbaz Sharif says the project will be completed within 27 months.
Funding for the project is part of the larger $US 46bn China-Pakistan Economic Corridor agreement signed in April, which is a major investment in Pakistan's transport, telecommunications and energy infrastructure as part of China's One Belt, One Road strategy.
China's prime minister Mr Li Keqiang has described the project as gift from the Chinese people to Pakistan.
China signs funding agreement for Lahore metro | International Railway Journal
------------------------------------------------------------------------------------------------------------------------------
Fast growing metropolitan cities around the world are facing problem of public transportation system, which is not only technically advanced and designed for needs of tomorrow, but also environmentally benign.
Electric metro transport system, is an effective solution to this problem and given its wide acceptability all around the world, with mature designs available, it probably is the future of public transport.
@AndrewJin @WAJsal @cb4 @Irfan Baloch
The 27.1km Orange Line, 25.4km of which will be elevated, will run from Ali Town via the main railway station and the University of Engineering and Technology to Dera Gujran. It will have capacity for 30,000 passenger per hour and is expected to serve 250,000 passengers per day
The project was initially agreed between the Chinese and Pakistan governments in May 2014. However, a series of national sit-in protests delayed progress.
As part of the agreement for the project, Chinese contractors are responsible for construction but they have said that they could subcontract electrical and mechanical works to Pakistani companies. Pakistan's chief minister Mr Shahbaz Sharif says the project will be completed within 27 months.
Funding for the project is part of the larger $US 46bn China-Pakistan Economic Corridor agreement signed in April, which is a major investment in Pakistan's transport, telecommunications and energy infrastructure as part of China's One Belt, One Road strategy.
China's prime minister Mr Li Keqiang has described the project as gift from the Chinese people to Pakistan.
China signs funding agreement for Lahore metro | International Railway Journal
------------------------------------------------------------------------------------------------------------------------------
Fast growing metropolitan cities around the world are facing problem of public transportation system, which is not only technically advanced and designed for needs of tomorrow, but also environmentally benign.
Electric metro transport system, is an effective solution to this problem and given its wide acceptability all around the world, with mature designs available, it probably is the future of public transport.
@AndrewJin @WAJsal @cb4 @Irfan Baloch
