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Pakistan Railways to Upgrade its Network at a Cost of Rs 870 billion

Date : 14-07-2017
By : Muhammad Arif
Pakistan Railways to Upgrade its Network at a Cost of Rs 870 billion
Lahore, July 14: Pakistan Railways is going to upgrade its network in the country at a cost of 870 billion rupees, Muhammad Ashfaq Khattak, Railways’ senior officer said on Thursday while talking to media in Lahore along with a 45-member China delegation, visiting Lahore to review the development and progress of projects initiated with Chinese investment in Punjab province.

He said the upgradation work of important Railway lines from Lahore to Multan, Nawab Shah to Rohri and Peshawar to Rawalpindi will be started soon.

Pakistan authorities say railways transportation is a critical element of connectivity between Pakistan and China under the CPEC as implementation of railways projects would have a tremendous impact on socio-economic development of the region.

In May 2017 in Beijing, Pakistan signed an agreement with China to upgrade Karachi-Peshawar railway track.

Karachi-Peshawar Line (ML1) will bring revolution in the development of Pakistan Railways, Minister for Planning, Development and Reforms Ahsan Iqbal said in Islamabad in 2016.

Under the China-Pakistan Economic Corridor (CPEC), a key part of China's "One Belt, One Road" initiative, China will help Pakistan upgrade its railway system, starting with the Karachi-Peshawar Railway Line, or Main Line 1 (ML1), according to officials of Pakistan Federal Minister for Ministry of Planning, Development and Reform.

1,700-kilometer-long ML1 will cost the $8 billion for upgradation, which is expected to be completed in five years.

The railway system is considered the backbone of Pakistan's economy therefore upgradation will boost rail connectivity and create opportunities in transporting goods between Pakistan and China.


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