Govt plans rail access to Reko Diq by 2028

News Image

By 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 121,971.04
203.25M
-0.21%
-254.32
ALLSHR 76,217.24
1,149.99M
-0.15%
-117.46
KSE30 36,912.96
84.39M
-0.12%
-43.14
KMI30 179,918.47
73.52M
-0.30%
-548.04
KMIALLSHR 52,207.51
411.50M
-0.19%
-100.98
BKTi 30,290.55
27.27M
0.30%
91.94
OGTi 27,491.95
10.62M
0.08%
22.96
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,450.00 109,305.00
105,360.00
-3470.00
-3.19%
BRENT CRUDE 75.43 75.46
72.66
2.20
3.00%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.25
-3.56%
ROTTERDAM COAL MONTHLY 103.80 103.90
103.75
0.05
0.05%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 72.33 72.36
69.56
2.08
2.96%
SUGAR #11 WORLD 16.51 16.94
16.44
-0.43
-2.54%

Chart of the Day


Latest News
June 17, 2025 at 05:02 PM GMT+05:00

Punjab govt unveils over Rs5tr budget for FY26


June 17, 2025 at 04:58 PM GMT+05:00

Chinese delegation eyes housing investments in Pakistan


June 17, 2025 at 04:37 PM GMT+05:00

K-Electric applies to list sukuk on PSX


June 17, 2025 at 04:20 PM GMT+05:00

Gold price in Pakistan falls Rs1,000 per tola



Top 5 things to watch in this week

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