Dedicated freight corridor to boost cargo movement from Karachi Port

News Image

MG News | September 09, 2025 at 10:42 AM GMT+05:00

0:00

September 09, 2025 (MLN): The government has signed Phase-I of the Dedicated Freight Corridor (DFC), a landmark project aimed at significantly boosting Pakistan Railways’ freight capacity.

By enabling faster cargo movement to and from Karachi Port it will ease congestion on roads and at the port, according to a press release issued yesterday.

Federal Minister for Railways Muhammad Hanif Abbasi while speaking at the signing ceremony, termed the project a milestone for Pakistan Railways.

He noted that it will modernize freight transportation and strengthen the organization’s revenue base through freight charges, track access fees, and revenue-sharing mechanisms.

He further added that the government remains fully committed to launching Phase-II of the DFC at the earliest, in line with Prime Minister Shehbaz Sharif’s vision of transforming Pakistan Railways into a central driver of trade facilitation and modernization.

The Minister expressed gratitude to DP World and the Government of the UAE for their valuable support, calling the collaboration the beginning of a new era for Pakistan Railways.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 156,563.53
480.31M
0.31%
476.22
ALLSHR 95,202.77
1,066.57M
0.16%
152.05
KSE30 47,996.13
140.66M
0.75%
356.93
KMI30 229,939.76
178.77M
0.71%
1614.41
KMIALLSHR 64,075.62
597.80M
0.22%
141.70
BKTi 42,485.69
112.00M
0.74%
311.41
OGTi 32,106.48
26.81M
1.16%
366.81
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 113,100.00 113,840.00
111,440.00
620.00
0.55%
BRENT CRUDE 66.61 66.94
66.12
0.59
0.89%
RICHARDS BAY COAL MONTHLY 85.50 85.50
85.00
-1.90
-2.17%
ROTTERDAM COAL MONTHLY 93.95 94.00
93.75
-0.65
-0.69%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.83 63.16
62.37
0.57
0.92%
SUGAR #11 WORLD 15.72 15.92
15.62
0.09
0.58%

Chart of the Day


Latest News
September 09, 2025 at 05:26 PM GMT+05:00

PM directs FBR to trace tax evaders


September 09, 2025 at 05:09 PM GMT+05:00

Pakistan, Türkiye vow to accelerate expansion of trade


September 09, 2025 at 04:19 PM GMT+05:00

PSX Closing Bell: Sky High



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg