AZADPAKISTAN2009
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IDB to invest $264mn for procurement of locomotive
Reference:
IDB to invest $264mn for procurement of locomotive
ISLAMABAD: Islamic Development Bank (IDB) is likely to invest 264 million dollar for procurement of Locomotives and doubling of Track.
Government of Japan through Japan International Cooperation Agency (JICA) has also shown interest to revitalization of Karachi Circular Railway (KCR) at an estimated cost of 2.6 billion dollar.
I still don't understand the economics , Japanese are giving grant of 2.6 Billion and it fixes 1 city , while IDB is giving investment of 264 Million and it fixes 100+ locomotives
PAKISTAN: CSR Ziyang has delivered an initial batch of five 2 000 hp diesel locomotives to Pakistan Railways. Unloading at the port of Karachi began on April 7, with the new locos due to undergo two weeks of testing before being accepted by PR.
CSR is supplying a total of 58 locomotives, 29 rated at 2 000 hp and a further 29 rated at 3 000 hp for freight duties. A second batch of nine 2 000 hp units was expected to arrive in Pakistan within two weeks, with a third batch of nine 3 000 hp locos on its way to Shanghai for shipping.
Powered by Caterpillar Type C175-16 and Type 3516B engines, the new locomotives are to be maintained by CSR in purpose-built facilities. The Chinese manufacturer is also providing technical assistance over a period of two years.
C175-16
Type 3516B
Reference:
IDB to invest $264mn for procurement of locomotive
ISLAMABAD: Islamic Development Bank (IDB) is likely to invest 264 million dollar for procurement of Locomotives and doubling of Track.
Government of Japan through Japan International Cooperation Agency (JICA) has also shown interest to revitalization of Karachi Circular Railway (KCR) at an estimated cost of 2.6 billion dollar.
- Pakistan and China had also signed an MoU for construction of China Pakistan Economic Corridor (CPEC), said an official of PR while talking to APP.
- Up-gradation of existing railway track from Karachi to Peshawar via Rohri, Multan, Sahiwal, Lahore, Rawalpindi would be part of MoU.
- Under the agreement, development of Dry Port and Cargo handling facilities at Havelian would be made operational.
I still don't understand the economics , Japanese are giving grant of 2.6 Billion and it fixes 1 city , while IDB is giving investment of 264 Million and it fixes 100+ locomotives
PAKISTAN: CSR Ziyang has delivered an initial batch of five 2 000 hp diesel locomotives to Pakistan Railways. Unloading at the port of Karachi began on April 7, with the new locos due to undergo two weeks of testing before being accepted by PR.
CSR is supplying a total of 58 locomotives, 29 rated at 2 000 hp and a further 29 rated at 3 000 hp for freight duties. A second batch of nine 2 000 hp units was expected to arrive in Pakistan within two weeks, with a third batch of nine 3 000 hp locos on its way to Shanghai for shipping.
Powered by Caterpillar Type C175-16 and Type 3516B engines, the new locomotives are to be maintained by CSR in purpose-built facilities. The Chinese manufacturer is also providing technical assistance over a period of two years.
C175-16
Type 3516B
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