AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Karachi Circular Railway Project of Rs 292 Billion to be Completed in Four Years

admin-augaf by admin-augaf
October 26, 2022
in Business, Finance
Reading Time: 2 mins read
0
Karachi Circular Railway Project of Rs 292 Billion to be Completed in Four Years
Share on FacebookShare on TwitterWhatsapp

Islamabad October 25 2022: The Central Development Working Party (CDWP) Tuesday cleared Karachi Circular Railway Project (KCR) worth Rs 292.389 billion during its meeting held under the chairmanship of Federal Minister for Planning Development & Special Initiatives Professor Ahsan Iqbal.

The meeting was attended by Secretary Ministry of Planning Commission, Chief Economist, officials from Ministry of Railway and representatives from Sindh Government including chairman PNDA, Board, Sindh.

The project envisages construction of 44-kilometer long and dedicated track, 1.435-meter wide standard gauge, starts from Drig Road passes through different areas including, Gulshan-e-Iqbal, Federal B Area, Liaquatabad, North Nazimabad, Nazimabad, Sindh Industrial Trading Estate (SITE) and Lyari.

The scope of work includes construction of horizontal & vertical curvature, roadway / railway cross-section elements, ramp gradients and layout of structures with respect to the alignment.

The scope of work also includes construction stations, provision of Driver. Informatory, Regulatory and Warning Signs, passenger facilitation signs along with allied facilities. Route Alignment of the KCR.

The project is a part of an overall scheme of improvement of transport infrastructure including road network, provision of public transport / mass transit facilities and traffic management in Karachi, the largest city of Pakistan and the capital of the Province of Sindh.

The development of KCR as a Modern Urban Railway will add to the existing Public Transport facilities in Karachi which have fallen short to meet the incremental demand over the last few decades due to non-availability of modern mass transit facilities and declining supply of large buses while the city continues to expand in population and urban area.

The main objective of the project is to provide reliable, safe and environmentally friendly public transport to the Metropolitan City of Karachi.

The project entails construction of a 43-kilometer Dual Track Urban Rail Mass Transit System expected to be constructed in a period of 4 years.

The project is expected to serve a daily ridership of 457,000 passengers per day which is expected to soar to 1 million per day in future. The project will deploy the use of electric trains and will be operational for 7 days a week and 17 hours a day.

Thirty stations would be constructed under the project along the corridor covering the densely populated area of the city.

The economic benefits of the project are phenomenal in terms of saving vehicle operating costs, environmental protection, accidents and time savings, contribution towards promoting gender equality, and spill-over tax impact.

The minister/DCPC directed the concerned officials to immediately settle the issues in PC-1 and submit the report in two days.

Tags: Circular Railway
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.