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
-
GE Vernova wins Kühmoos grid upgrade contract in Germany
13 July 2025
-
Masdar and Iberdrola co-invest $6bn in East Anglia THREE offshore wind farm
13 July 2025
-
New Murabba signs up South Korean firm for design works
12 July 2025
-
SkyWorld acquires Batu Kawan land for affordable housing project
11 July 2025
-
Morocco begins Casablanca airport expansion works
10 July 2025
-
Iraq shortlists 10 global bidders for Baghdad Airport PPP redevelopment project
10 July 2025