PRs to outsource more trains to control losses

23 Jul, 2012

Shalimar, Rohi and Hazara Express have been outsourced while a new Business Express was also launched as a joint venture with the private sector to facilitate the passengers.

According to Pakistan Railways here on Monday, it has adopted measures and was making efforts to recover outstanding amount due from other departments and companies. It introduced new signaling system on the network to minimize detentions and saving in fuel expenditure.

The other step was reaching out to private sector to utilize idle capacity in the Railway system through Track Access Policy.

The strategy of railway administration is to repair and maintain existing locomotives and procurement of new locomotives and in this regard, efforts were being made to get sufficient funds from government for rehabilitation of required locomotives, rolling stock, and purchase of spares parts and fuel etc.

On operating side, the initiative of ECO train was taken to capitalize through establishing international linkages while new agreement with Pakistan State Oil was made for uninterrupted supply of fuel.

Copyright APP (Associated Press of Pakistan), 2012

Read Comments