ANL 32.21 Increased By ▲ 0.51 (1.61%)
ASC 18.65 Increased By ▲ 1.20 (6.88%)
ASL 26.45 Decreased By ▼ -0.15 (-0.56%)
AVN 91.35 Increased By ▲ 0.85 (0.94%)
BOP 8.21 Increased By ▲ 0.03 (0.37%)
BYCO 11.84 Increased By ▲ 0.49 (4.32%)
DGKC 126.00 Decreased By ▼ -2.50 (-1.95%)
EPCL 48.20 Increased By ▲ 0.05 (0.1%)
FCCL 23.96 Increased By ▲ 0.06 (0.25%)
FFBL 27.90 Decreased By ▼ -0.09 (-0.32%)
FFL 17.79 Decreased By ▼ -0.15 (-0.84%)
HASCOL 11.45 Increased By ▲ 0.25 (2.23%)
HUBC 78.30 Decreased By ▼ -0.70 (-0.89%)
HUMNL 8.64 Decreased By ▼ -0.08 (-0.92%)
JSCL 24.65 Increased By ▲ 0.35 (1.44%)
KAPCO 44.75 Increased By ▲ 0.06 (0.13%)
KEL 4.19 Decreased By ▼ -0.03 (-0.71%)
LOTCHEM 16.31 Decreased By ▼ -0.29 (-1.75%)
MLCF 46.70 Decreased By ▼ -0.35 (-0.74%)
PAEL 36.20 Increased By ▲ 0.32 (0.89%)
PIBTL 11.04 Decreased By ▼ -0.11 (-0.99%)
POWER 10.08 Decreased By ▼ -0.02 (-0.2%)
PPL 90.20 Decreased By ▼ -0.50 (-0.55%)
PRL 26.25 Increased By ▲ 0.31 (1.2%)
PTC 14.00 Increased By ▲ 0.99 (7.61%)
SILK 1.58 Increased By ▲ 0.02 (1.28%)
SNGP 48.20 Increased By ▲ 0.25 (0.52%)
TRG 168.50 Decreased By ▼ -3.30 (-1.92%)
UNITY 49.39 Increased By ▲ 0.14 (0.28%)
WTL 4.26 Increased By ▲ 0.01 (0.24%)
BR100 5,282 Increased By ▲ 24.37 (0.46%)
BR30 27,601 Increased By ▲ 45.56 (0.17%)
KSE100 48,305 Increased By ▲ 53.23 (0.11%)
KSE30 19,479 Decreased By ▼ -58.87 (-0.3%)
Pakistan

CM Buzdar inaugurates much-awaited Lahore Orange Line Metro service

  • Shahbaz Gill says Punjab government should declare a day of mourning today as it is a failed project
Updated 25 Oct 2020

(Karachi) Punjab Chief Minister Usman Buzdar inaugurated the Lahore Orange Line Metro Train project on Sunday. The fare for the rapid transit system has been kept at Rs40 for a single trip.

Speaking on the occasion, Buzdar said that the mega project is part of China-Pakistan Economic Corridor and the provincial government made hectic efforts to complete the project. "I thank the Chinese government for their help and support in completion of the project," he stated.

The CM stated that Pakistan and China have good ties and will continue to extend cooperation in other sectors.

He added that the service will benefit the people of Lahore and will address transport woes. "It will provide state-of-the-art transport facilities to the people with low travel cost," Buzdar said.

Meanwhile, Special Assistant to PM on Political Communication Shahbaz Gill has said that the government will pay Rs12 billion as annual subsidy to operate the train service.

He stated that the operating cost of per ticket is Rs 274 per ticket while the subsidy is Rs234.

"The Punjab Government should declare it a day of mourning as it is a failed project," Gill remarked.

A few months ago, the senior officials of the Punjab government took a ride in the Lahore Orange Line Metro Train that completed its high speed test run. The test run of the train was conducted at the high speed of over 70km per hour and it was completed in 20 minutes.

Orange Line is an automated rapid transit system in Lahore and is Pakistan's first metro in the entire country. It spans 27.1 km with 25.4 km elevated and 1.72 km underground.

The line will be served by 26 stations and is expected to handle 250,000 passengers daily. It is a part of the wider China-Pakistan Economic Corridor project and is being financed by both the Government of Pakistan and Government of China.

The project was initiated in May 2014 while financing for the project was secured in December 2015 when China's Exim Bank agreed to provide a soft loan of $1.55 billion for the project. The construction works on the project began in October 2015.