BR100 Decreased By (-1.39%)
BR30 Decreased By (-1.72%)
KSE100 Decreased By (-1.3%)
KSE30 Decreased By (-1.25%)
AGHA 7.92 Decreased By ▼ -0.17 (-2.1%)
BECO 5.20 Decreased By ▼ -0.07 (-1.33%)
BML 59.25 Decreased By ▼ -0.13 (-0.22%)
BOP 33.68 Decreased By ▼ -0.51 (-1.49%)
CNERGY 9.81 Increased By ▲ 0.19 (1.98%)
CSIL 5.42 Decreased By ▼ -0.08 (-1.45%)
FCCL 53.52 Decreased By ▼ -0.63 (-1.16%)
FFL 16.68 Decreased By ▼ -0.16 (-0.95%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.35 Decreased By ▼ -0.24 (-3.16%)
KOSM 5.61 Decreased By ▼ -0.07 (-1.23%)
LOTCHEM 29.11 Decreased By ▼ -1.32 (-4.34%)
MLCF 95.50 Decreased By ▼ -2.66 (-2.71%)
NBP 204.35 Decreased By ▼ -4.44 (-2.13%)
NCPL 58.24 Decreased By ▼ -1.37 (-2.3%)
NPL 67.79 Decreased By ▼ -2.08 (-2.98%)
OGDC 317.94 Decreased By ▼ -5.42 (-1.68%)
PACE 10.71 Decreased By ▼ -0.36 (-3.25%)
PAEL 41.83 Decreased By ▼ -0.42 (-0.99%)
PIBTL 16.50 Decreased By ▼ -0.32 (-1.9%)
PPL 219.74 Decreased By ▼ -4.99 (-2.22%)
PRL 44.59 Increased By ▲ 2.94 (7.06%)
PTC 70.77 Decreased By ▼ -0.35 (-0.49%)
SSGC 28.93 Decreased By ▼ -0.38 (-1.3%)
TBL 9.84 Decreased By ▼ -0.12 (-1.2%)
TELE 8.76 Decreased By ▼ -0.23 (-2.56%)
TPL 16.45 Decreased By ▼ -0.07 (-0.42%)
TPLP 12.10 Decreased By ▼ -0.67 (-5.25%)
TREET 22.80 Decreased By ▼ -0.26 (-1.13%)
TRG 60.03 Decreased By ▼ -0.42 (-0.69%)

Due to absence of rail-based freight transportation system at Karachi Port, congestion of containers has become a routine problem resulting in slow cargo movement and negative impact on economic activities. Heavy road traffic has also led to increased environmental pollution and damage to road infrastructure.

The construction of Dedicated Freight Corridor and Multimodal Logistics Park at Pipri offers a long-term solution to these challenges. Ground breaking ceremony of Dedicated Freight Corridor was held with Federal Minister for Railways Hanif Abbasi and Group Chairman and CEO DP World, Sultan Ahmed bin Sulayem attending as chief guests.

NLC will complete the project in multiple phases with USD 400 million Foreign Direct Investment. The first phase is scheduled for completion within four months. The project includes rehabilitation of a 52-kilometer railway corridor from Karachi Port to Pipri Marshalling Yard along with development of a modern Multimodal Logistics Park. It is aligned with the China–Pakistan Economic Corridor (CPEC) and Pakistan Railways’ ML-1 Project.

Upon completion, import containers will be transported directly by rail from Karachi Port to Pipri and onward to destinations across Pakistan, China, Central Asia and other regional countries. The project is expected to significantly reduce container congestion at Karachi Port, streamline cargo movement, accelerate economic activity and bring marked improvements in traffic management and environmental conditions.

Comments

Comments are closed for this article.