SHAMK9
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KARACHI: A railway track project worth $5 billion has been planned to compete in next five years from Karachi to Peshawar as part of China-Pakistan Economic Corridor (CPEC), which will streamline and increase railway transportation for logistics, trading and traveling of passengers in the country.
Addressing the sixth meeting of Joint Coordination Committee (JCC) of the CPEC on Thursday, Minister of Planning, Development and Reforms Ahsan Iqbal saidthe railway tracks will be carpeted in phases to halve duration of the distance between the two destinations.
The railway will move at 160 per km in accordance with a plan as against 60-82 per km at present, whereas the project contains establishment of advance stations and automatic signal system that will help greatly in the transportation of cargo and passengers services. The railway tracks will be laid down from Karachi to Hyderabad districts first and then Multan to Peshawar in the initial stages, he added.
The minister said the importance of Karachi is imminent for development of the CPEC which shows that the commercial hub of the country is coming back to business with foreign and local investors are taking keen interest in its development and economy after security operations of Rangers.
Railway track project planned from Karachi to Peshawar - PakTribune
Addressing the sixth meeting of Joint Coordination Committee (JCC) of the CPEC on Thursday, Minister of Planning, Development and Reforms Ahsan Iqbal saidthe railway tracks will be carpeted in phases to halve duration of the distance between the two destinations.
The railway will move at 160 per km in accordance with a plan as against 60-82 per km at present, whereas the project contains establishment of advance stations and automatic signal system that will help greatly in the transportation of cargo and passengers services. The railway tracks will be laid down from Karachi to Hyderabad districts first and then Multan to Peshawar in the initial stages, he added.
The minister said the importance of Karachi is imminent for development of the CPEC which shows that the commercial hub of the country is coming back to business with foreign and local investors are taking keen interest in its development and economy after security operations of Rangers.
Railway track project planned from Karachi to Peshawar - PakTribune