BR100 Increased By (0.44%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.62%)
KSE30 Increased By (0.61%)
BECO 5.43 Decreased By ▼ -0.06 (-1.09%)
BML 55.69 Decreased By ▼ -1.07 (-1.89%)
BOP 35.38 Increased By ▲ 0.26 (0.74%)
CNERGY 8.20 Increased By ▲ 0.05 (0.61%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 58.36 Increased By ▲ 1.61 (2.84%)
FCSC 5.12 Decreased By ▼ -0.03 (-0.58%)
FFL 17.84 Decreased By ▼ -0.04 (-0.22%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.07 Decreased By ▼ -0.05 (-0.45%)
KEL 8.75 Increased By ▲ 0.33 (3.92%)
KOSM 6.69 Increased By ▲ 0.11 (1.67%)
MLCF 107.15 Increased By ▲ 3.85 (3.73%)
NBP 201.73 Increased By ▲ 1.55 (0.77%)
PACE 11.30 Increased By ▲ 0.01 (0.09%)
PAEL 44.49 Increased By ▲ 1.02 (2.35%)
PIAHCLA 29.41 Increased By ▲ 1.92 (6.98%)
PIBTL 18.64 Increased By ▲ 0.94 (5.31%)
PPL 247.98 Increased By ▲ 3.66 (1.5%)
PRL 35.29 Decreased By ▼ -0.14 (-0.4%)
PTC 66.14 Increased By ▲ 0.79 (1.21%)
SEARL 95.49 Increased By ▲ 2.17 (2.33%)
SSGC 32.04 Decreased By ▼ -0.90 (-2.73%)
TELE 8.87 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.61 Decreased By ▼ -0.11 (-0.16%)
TPLP 10.57 Decreased By ▼ -0.26 (-2.4%)
TREET 25.30 Increased By ▲ 0.18 (0.72%)
TRG 64.40 Decreased By ▼ -0.50 (-0.77%)
WAVES 10.90 Decreased By ▼ -0.03 (-0.27%)
WTL 1.26 Increased By ▲ 0.01 (0.8%)
Pakistan

Govt committed to modernize Railways in next five years: Sheikh Rashid

  • Sheikh Rashid said Pakistan Railways would welcome Egyptian investments in the ongoing infrastructure and rolling stock improvement projects of Railways.
Published December 8, 2020 Updated December 8, 2020 09:10pm
By

ISLAMABAD: Minister for Railways Sheikh Rashid Ahmed on Tuesday said that the government was committed to run Pakistan Railways on modern lines during the next five years to provide the best and comfortable travel facilities to the passengers.

During meeting with Egyptian Ambassador to Pakistan, Dr. Tarek Dahrough, the minister said that development of Pakistan Railways was vital to the prosperity of Pakistan.

Matters pertaining to mutual interest were came under discussion during the meeting, said a press release issued here by the Ministry of Railways.

Sheikh Rashid said Pakistan Railways would welcome Egyptian investments in the ongoing infrastructure and rolling stock improvement projects of Railways.

The minister said that up-gradation of Main Line-I (ML-I) between Karachi-Peshawar rail track under China-Pakistan Economic Corridor (CPEC) would revolutionize Pakistan Railways and bring new investment opportunities in the country.

Sheikh Rashid said Pakistan Railways would facilitate and encourage Egyptian Railways and its private railway companies for investing in the department.

Pakistan Railways, he said had already issued international tenders for procurement for 230 new passengers and 820 freight wagons and offered the Egyptian Railways to take benefit from the opportunity.

In his remarks, the ambassador said that partnership at governmental level would be encouraged.

Chairman Railways Habib-ur-Rehman Gilani was also present during the meeting who briefed the ambassador about the ongoing projects of Pakistan Railways.

Comments

Comments are closed for this article.