AGL 6.80 No Change ▼ 0.00 (0%)
ANL 9.40 Increased By ▲ 0.18 (1.95%)
AVN 78.12 Increased By ▲ 3.92 (5.28%)
BOP 5.40 Decreased By ▼ -0.03 (-0.55%)
CNERGY 4.85 Decreased By ▼ -0.04 (-0.82%)
EFERT 78.00 No Change ▼ 0.00 (0%)
EPCL 55.80 Increased By ▲ 1.10 (2.01%)
FCCL 15.19 Increased By ▲ 0.26 (1.74%)
FFL 6.32 Decreased By ▼ -0.02 (-0.32%)
FLYNG 7.10 Decreased By ▼ -0.02 (-0.28%)
GGGL 10.35 Decreased By ▼ -0.21 (-1.99%)
GGL 16.31 Decreased By ▼ -0.12 (-0.73%)
GTECH 8.18 Decreased By ▼ -0.03 (-0.37%)
HUMNL 6.39 Increased By ▲ 0.04 (0.63%)
KEL 2.92 Decreased By ▼ -0.03 (-1.02%)
LOTCHEM 28.95 Increased By ▲ 0.35 (1.22%)
MLCF 27.45 Decreased By ▼ -0.35 (-1.26%)
OGDC 75.20 Decreased By ▼ -0.10 (-0.13%)
PAEL 15.95 Increased By ▲ 0.15 (0.95%)
PIBTL 5.55 Decreased By ▼ -0.05 (-0.89%)
PRL 16.91 Decreased By ▼ -0.31 (-1.8%)
SILK 1.07 Increased By ▲ 0.01 (0.94%)
TELE 10.70 Increased By ▲ 0.40 (3.88%)
TPL 7.97 Decreased By ▼ -0.03 (-0.38%)
TPLP 20.83 Increased By ▲ 0.03 (0.14%)
TREET 23.00 Increased By ▲ 0.40 (1.77%)
TRG 128.70 Decreased By ▼ -0.15 (-0.12%)
UNITY 23.35 Increased By ▲ 0.85 (3.78%)
WAVES 11.54 Decreased By ▼ -0.46 (-3.83%)
WTL 1.11 Decreased By ▼ -0.02 (-1.77%)
BR100 4,113 Increased By 13.3 (0.32%)
BR30 15,595 Increased By 61.9 (0.4%)
KSE100 41,212 Increased By 83 (0.2%)
KSE30 15,410 Increased By 73.2 (0.48%)
Follow us

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives was informed that the PC-Is of some underpasses and overhead bridges along the Karachi Circular Railway (KCR) Corridor were in the final stages, and work on some of them is expected to start as early as next month.

Federal Minister for Planning, Development, and Special Initiatives Asad Umar chaired a meeting to review the present status of the KCR projects in Islamabad on Tuesday.

Prime Minister's focal person of the Planning Ministry for Karachi Projects Najeeb Haroon MNA, Secretary Railways, CEO PPP Authority, Project Director Karachi Circular Railway, and other senior officials, and representatives of the FWO participated in the meeting. The Project Director KCR briefed the meeting about the latest progress on the project.

He informed in the meeting that the KCR project was on track as per the approved timelines. It was informed that the PC-Is of some underpasses and overhead bridges along the KCR Corridor were in the final stages, and work on some of them was expected to start as early as the next month.

The Secretary Railways also informed the meeting that consultants who had been working on the feasibility study since January 2021 were expected to complete their work by mid-June 2021. After which the process for the hiring of private party would commence, which will be completed by September 2021.

Asad Umar said Karachi was in dire need of an efficient mass transportation system. The KCR could play an important role in this regard. He directed the relevant departments to initiate work for the marketing of the project for private sector participants.

Copyright Business Recorder, 2021

Comments

Comments are closed.