AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

KARACHI: Sindh Chief Minister Syed Murad Ali Shah said on Saturday that encroachments on a five-kilometre-long portion of Karachi Circular Railway (KCR) are due to be cleared for the complete revival of an approximately 43-kilometre-long track.

Sindh CM Syed Murad Ali Shah made the statement while chairing a session regarding the progress of revival plan of Karachi Circular Railway (KCR).

KCR project had been launched in 1964 and it remained functional till 1984 while it was halted in 1999. The Sindh government had taken initiative for the revival of KCR in 2006. The estimated cost of the KCR project was $2.6 billion at that time, however, JAICA dissociated from the project after the feasibility process in 2012.

The chief minister said that KCR had been included in the China-Pakistan Economic Corridor (CPEC) project over his request by the then prime minister in 2016 as “12-kilometre-long portion of KCR track was overlapping with ML-1.”

CM Shah said, “The project was approved by Executive Committee of the National Economic Council (ECNEC) in 2017 with the cost of $207.6 billion. KCR route is 43.13-kilometre-long including 14.95-kilometre at grade and 28.18-kilometre elevated with 24 railway stations to provide high capacity services to 550,000 passengers on a daily basis.”

“Sindh government will provide maximum support to the railway officials for the revival of KCR. During the session, secretary railway briefed the chief minister that KCR routes will be revived in line with its allotment plan within the next six months besides the continuation of development work for meeting its requirements on modern lines.

Earlier on September 30, the Sindh cabinet had approved the release of Rs97 million for Karachi Circular Railway (KCR) project. The decision was taken during a meeting of the Sindh cabinet chaired by Chief Minister Syed Murad Ali Shah.

The provincial cabinet had decided to release the amount on the request of the local government. The meeting also turned down a proposal of the use of the Re-gasified Liquefied Natural Gas (RLNG) in the province.—

Comments

Comments are closed.