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Revival of Karachi Circular Railway Project on cards
.
ISLAMABAD: A project for revival of Karachi Circular Railway would be initiated soon to facilitate residents of the provincial capital and resolve their grievances regarding transportation system of the city.
The project `Revival of Karachi Circular Railway' (KCR) is a foreign funded project sponsored by Japan International Cooperation Agency (JICA).
Official sources of Ministry of Railways told APP that the launching
of the project is subject to the signing of loan agreement and disbursement of the loan amount.
"Most of the pre-requisites laid down by JICA for signing of loan agreement have been fulfilled", they said.
However, one of the main pre-requisite for launching the project was the clearance of right of way of the KCR route from encroachers and shifting of 6km Pakistan Railways track, which is yet to be undertaken.
A domestic plan was proposed by the government envisaging that the Federal and Sindh Governments may provide cash compensation to affected households (encroachers), in addition to shifting of 6 km railway track and construction of boundary wall from the area vacated by encroachers.
JICA was requested to give a letter of comfort for signing of loan agreement so that work on domestic plan could initiate.
The letter of comfort for signing the loan agreement and consent of JICA to the domestic plan is awaited.
Revival of Karachi Circular Railway Project on cards
.
ISLAMABAD: A project for revival of Karachi Circular Railway would be initiated soon to facilitate residents of the provincial capital and resolve their grievances regarding transportation system of the city.
The project `Revival of Karachi Circular Railway' (KCR) is a foreign funded project sponsored by Japan International Cooperation Agency (JICA).
Official sources of Ministry of Railways told APP that the launching
of the project is subject to the signing of loan agreement and disbursement of the loan amount.
"Most of the pre-requisites laid down by JICA for signing of loan agreement have been fulfilled", they said.
However, one of the main pre-requisite for launching the project was the clearance of right of way of the KCR route from encroachers and shifting of 6km Pakistan Railways track, which is yet to be undertaken.
A domestic plan was proposed by the government envisaging that the Federal and Sindh Governments may provide cash compensation to affected households (encroachers), in addition to shifting of 6 km railway track and construction of boundary wall from the area vacated by encroachers.
JICA was requested to give a letter of comfort for signing of loan agreement so that work on domestic plan could initiate.
The letter of comfort for signing the loan agreement and consent of JICA to the domestic plan is awaited.
Revival of Karachi Circular Railway Project on cards