Govt plans rail access to Reko Diq by 2028

News Image

MG News | June 17, 2025 at 02:46 PM GMT+05:00

0:00

June, 17 2025 (MLN): To meet future transportation and freight requirements, a directive has been issued to connect the Reko Diq region with Pakistan’s railway network by 2028, as instructed by Prime Minister Muhammad Shehbaz Sharif.

Chairing a high-level meeting in Islamabad on Tuesday, the Prime Minister reviewed the progress on Pakistan Railways' upgradation and the proposed linkage with Reko Diq.

He instructed the formation of an inter-ministerial committee to oversee financing matters related to the railways’ development and expansion, according to the press release issued.

The committee has been tasked with presenting concrete proposals on funding for the railway’s enhancement and its extension to Reko Diq.

During the session, officials briefed the Prime Minister on the upgradation plans for ML-1 and ML-3 lines, alongside the broader roadmap for the sector’s modernization to accommodate future transportation and logistics demands.

Highlighting the significance of the initiative, Shehbaz Sharif said that Pakistan Railways is the backbone of the national economy and an affordable, fast, and environmentally friendly mode of transportation.

He emphasized that integrating Reko Diq with the rail network would contribute to the growth of Balochistan’s mines and minerals sector while creating new employment opportunities for the local population.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,895.00 77,030.00
75,655.00
1120.00
1.48%
BRENT CRUDE 109.67 114.70
107.07
-0.77
-0.70%
RICHARDS BAY COAL MONTHLY 113.00 113.00
113.00
-1.30
-1.14%
ROTTERDAM COAL MONTHLY 110.25 112.00
108.20
-0.20
-0.18%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 105.41 110.93
103.50
-1.47
-1.38%
SUGAR #11 WORLD 14.61 14.85
14.49
-0.16
-1.08%

Chart of the Day


Latest News
April 30, 2026 at 06:46 PM GMT+05:00

SBP reserves rise $730m to $15.8bn


April 30, 2026 at 06:14 PM GMT+05:00

Pakistan inflation to hover near 9% in April 2026


April 30, 2026 at 05:02 PM GMT+05:00

ENGROH towers ambition anchors multi-year growth story


April 30, 2026 at 04:30 PM GMT+05:00

Bank of England keeps interest rates unchanged at 3.75%



Top 5 things to watch in this week

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