BR100 Decreased By (-0.88%)
BR30 Decreased By (-1.37%)
KSE100 Decreased By (-0.8%)
KSE30 Decreased By (-0.88%)
BECO 5.72 Decreased By ▼ -0.11 (-1.89%)
BML 59.69 Increased By ▲ 1.79 (3.09%)
BOP 33.47 Decreased By ▼ -0.32 (-0.95%)
CNERGY 8.10 Decreased By ▼ -0.05 (-0.61%)
DCL 11.46 Decreased By ▼ -0.33 (-2.8%)
FCCL 52.75 Decreased By ▼ -0.74 (-1.38%)
FCSC 5.28 Decreased By ▼ -0.12 (-2.22%)
FFL 17.61 Decreased By ▼ -0.23 (-1.29%)
FNEL 1.29 Decreased By ▼ -0.01 (-0.77%)
HUMNL 10.90 Decreased By ▼ -0.21 (-1.89%)
KEL 7.93 Decreased By ▼ -0.09 (-1.12%)
KOSM 5.36 Decreased By ▼ -0.09 (-1.65%)
MLCF 85.55 Decreased By ▼ -1.85 (-2.12%)
NBP 181.80 Decreased By ▼ -2.44 (-1.32%)
PACE 11.65 Increased By ▲ 0.03 (0.26%)
PAEL 39.68 Decreased By ▼ -0.57 (-1.42%)
PIAHCLA 25.83 Decreased By ▼ -0.29 (-1.11%)
PIBTL 16.95 Decreased By ▼ -0.19 (-1.11%)
PPL 225.75 Decreased By ▼ -2.98 (-1.3%)
PRL 34.17 Decreased By ▼ -0.32 (-0.93%)
PTC 66.40 Decreased By ▼ -1.14 (-1.69%)
SEARL 89.80 Decreased By ▼ -1.13 (-1.24%)
SSGC 26.48 Decreased By ▼ -0.35 (-1.3%)
TELE 8.42 Decreased By ▼ -0.11 (-1.29%)
THCCL 67.72 Increased By ▲ 1.58 (2.39%)
TPLP 9.50 Increased By ▲ 0.17 (1.82%)
TREET 24.15 Decreased By ▼ -0.36 (-1.47%)
TRG 70.43 Decreased By ▼ -1.18 (-1.65%)
WAVES 10.94 Decreased By ▼ -0.04 (-0.36%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

ISLAMABAD: The federal government has released Rs. 360 million for preliminary design for up-gradation and rehabilitation of main line (ML-1) railway project and establishment of dry-port, near Havelian under Public Sector Development Programme (PSDP) 2019-120.

The railway project is an important strategic part of China Pakistan Economic Corridor (CPEC) and the government had allocated Rs. 1.8 billion for its preliminary design during the year 2019-20, according to latest data issued by the Planning Ministry.

In total, the railway ministry ha so far received Rs. 1.34 billion for various development projects under the PSDP programme, out of total allocation of Rs. 13.5 billion.

According to details, an amount of Rs. 288 million has been released for reconstruction and rehabilitation of assets damaged during the floods, 2010 for which Rs. 1.4 billion have been allocated.

Similarly, the government has released Rs. 114 million for up-gradation of terminal facilities and dry-ports while Rs. 100 million have been released for up-gradation and renovation of railway stations.

For rehabilitation and procurement of re-manufactured of 300 traction motors, an amount of Rs. 80 million has been released out of total allocation of Rs. 400 million, whereas for acquisition of land for railway corridor from sea port Km: 5.25 to Km: 9.00 and railway operational land from 12.00 to Km: 14.00 at Gwadar, an amount of Rs. 160 million has been released out of total allocation of Rs. 800 million.

Copyright APP (Associated Press of Pakistan), 2019

Comments

Comments are closed for this article.