Long-awaited: ECNEC agrees to revitalise Karachi Circular Railway project
The devise includes construction of 24 stations, buying of 162 locomotives and will offer 515,000 passengers per day. PHOTO: FILE
ISLAMABAD: The Executive Committee of National Economic Council (Ecnec) authorized 9 growth schemes value Rs310 billion including a reconstruction of Karachi Circular Railway (KCR) project.
In a assembly hold on Friday, a cabinet concluded to revitalise a KCR during a rationalised cost of Rs207.54 billion underneath a China-Pakistan Economic Corridor (CPEC) framework.
The devise includes construction of 24 stations, buying of 162 locomotives and will offer 515,000 passengers per day.
The assembly was chaired by Prime Minister Shahid Khaqan Abbasi. According to an official, after apropos partial of CPEC in a sixth Joint Coordination Committee meeting, Chinese and Pakistani authorities motionless to finish a devise on a quick lane with Beijing’s financial assistance.
Earlier, Japanese growth agency, Jica, was to financial a project, that was scheduled to be finished in 10 years. However, underneath special directives of former primary apportion Nawaz Sharif, it was motionless that a devise would be enclosed in CPEC and would be finished within 3 years by Sep 2020.
Ecnec also authorized a financial inclusion and infrastructure devise during a rationalised cost of Rs14.318 billion.
The Balochistan Education Project (revised) was authorized during a cost of Rs3.57 billion. It is destined during augmenting tyro enrolment with special importance on girls’ preparation in 31 districts of a province.
Ecnec authorized third rider for a double railway lane from Khanewal to Raiwind (246 km) during a rationalised cost of Rs14.261 billion.
Khyber-Pakhtunkhwa’s devise for highway reconstruction was also given a go-ahead during a cost of Rs17.103 billion.
The cabinet gave immature light to a construction of a four-lane overpass opposite a Indus River joining Layyah with Taunsa including two-lane proceed roads and stream training works (24.272 km) in south Punjab. The cost of a devise was estimated during Rs9.775 billion.
Ecnec destined a National Highway Authority (NHA) to pull adult a master devise for destiny bridges to be assembled opposite a country.
Construction of Rathoa Haryam Bridge and approaches opposite a fountainhead channel on a Mirpur-Islamgarh Road (second revision) was authorized during a sum cost of Rs6.48 billion.
Remodelling of a Warsak Canal System in Peshawar and Nowshera district (revised) was authorized during a cost of Rs11.137 billion, that would be equally common by a sovereign and Khyber-Pakhtunkhwa’s governments.
Ecnec authorized a Prime Minister’s Youth Training Scheme 2015-17 costing Rs26.6 billion.
Published in The Express Tribune, Oct 7th, 2017.
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Article source: https://tribune.com.pk/story/1524719/long-awaited-ecnec-agrees-revive-karachi-circular-railway-project/