Pakistan Railways Ministry Demands Rs. 35 Billion Under PSDP for FY22
30 December 2021
The Minister briefed the Senate Standing Committee on Railways and presented before it the Ministry’s demand for allocation of Rs. 35 billion, under the Public Sector Development Program (PSDP), in the fiscal year 2022-23 for its ongoing and new development projects.
The committee was also informed of plans to develop the Pakistan-Afghanistan transit trade route.
Discussing the Rs. 220 billion Karachi Circular Railway (KCR) Project, Swati informed the committee that the project, once completed, would revolutionize domestic travel in the metropolis. He said the seed money had been arranged and that completion of the project would take 36 months.
It was further apprised of the planning to develop a Chaman-Kandahar route and a Havelian-Kashghar route to promote international trade.
Related
-
Riyadh tenders first Expo 2030 construction work
8 July 2025
-
Exxon and Chevron in talks to develop Algerian shale gas
8 July 2025
-
TotalEnergies buys stake in AES’ renewables and divests Portugal assets
6 July 2025
-
Ferrovial to build three solar plants in Spain
6 July 2025
-
Iraq to select global operator for Faw Port’s superstructure phase
6 July 2025
-
Gamuda to develop 600MW wind and solar with BESS in Tasmania
4 July 2025