CDWP clears KCR projects worth 292bn

News Image

MG News | October 26, 2022 at 09:03 AM GMT+05:00

0:00

October 26, 2022 (MLN): The Central Development Working Party (CDWP) has cleared the Karachi Circular Railway Project (KCR) worth Rs292.39 billion during its meeting held on Tuesday under the chairmanship of Federal Minister for Planning Development & Special Initiatives Professor Ahsan Iqbal.

The project envisages the construction 44-kilometer long and dedicated track, 1.435-meter wide standard gauge, starting from Drug Road passes through different areas including, Gulshan-e-Iqbal, Federal B Area, Liaquatabad, North Nazimabad, Nazimabad, Sindh Industrial Trading Estate (SITE) and Lyari.

The scope of work includes the construction of horizontal & vertical curvature, roadway/railway cross-section elements, ramp gradients, and layout of structures with respect to the alignment.

Construction stations and the provision of drivers are also included in the scope of work. Informatory, Regulatory and Warning Signs, passenger facilitation signs along with allied facilities.

Route Alignment of the KCR. The project is a part of an overall scheme for the improvement of transport infrastructure including road network, provision of public transport/mass transit facilities, and traffic management in Karachi, the largest city in Pakistan and the capital of the Province of Sindh.

The development of KCR as a Modern Urban Railway will add to the existing Public Transport facilities in Karachi which have fallen short to meet the incremental demand over the last few decades due to the non-availability of modern mass transit facilities and declining supply of large buses while the city continues to expand in population and urban area.

The main objective of the project is to provide reliable, safe, and environmentally friendly public transport to the Metropolitan City of Karachi.

The minister/DCPC directed the concerned officials to immediately settle the issues in PC-1 and submit the report in two days.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 183,335.45
233.12M
0.65%
1181.90
ALLSHR 109,927.04
470.63M
0.45%
491.64
KSE30 56,161.95
56.91M
0.70%
390.69
KMI30 260,869.31
106.47M
1.14%
2938.72
KMIALLSHR 70,890.07
292.18M
0.61%
428.55
BKTi 52,762.88
23.49M
0.08%
39.86
OGTi 36,450.25
2.36M
-0.03%
-12.68
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,110.00 69,415.00
66,715.00
-1825.00
-2.65%
BRENT CRUDE 69.57 69.65
69.00
0.77
1.12%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
0.40
0.42%
ROTTERDAM COAL MONTHLY 101.95 102.30
101.60
-0.35
-0.34%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 64.73 64.81
64.15
0.77
1.20%
SUGAR #11 WORLD 14.11 14.34
14.08
-0.24
-1.67%

Chart of the Day


Latest News
February 11, 2026 at 12:52 PM GMT+05:00

Pioneer Cement profit rises 3.65% in HY26


February 11, 2026 at 12:48 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


February 11, 2026 at 11:49 AM GMT+05:00

IMF, KSA spotlight resilience of emerging economies


February 11, 2026 at 11:46 AM GMT+05:00

APTMA seeks U.S. trade relief, engages EU on GSP+



Top 5 things to watch in this week

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