ECNEC approves 6.8bn dollars for upgradation of Pakistan Railways ML-1 project

News Image

MG News | August 06, 2020 at 12:28 PM GMT+05:00

Aug 6, 2020: Executive Committee of the National Economic Council approved project for up-gradation of Pakistan Railways existing Mainline-1 at the cost of over 6.8 billion dollars.

The meeting of the Committee was held in Islamabad on Wednesday with Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh in the chair.

The project will be completed in three packages in which the existing 2,655 KM track will be upgraded.

The speed of passenger trains will increase from 65/110 KM/h to 165 KM/h and line capacity will increase from 34 to 137/171 trains each way per day.

Ministry of Railways will constitute a project steering committee for effective supervision and implementation of the project.

The establishment of a dry port near Havelian was also approved in the meeting.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 177,039.83
457.43M
2.69%
4639.92
ALLSHR 106,439.15
980.52M
2.42%
2511.25
KSE30 52,890.43
243.06M
2.84%
1462.27
KMI30 253,474.66
222.84M
2.73%
6731.57
KMIALLSHR 69,154.67
541.49M
2.45%
1654.73
BKTi 48,191.73
63.48M
2.59%
1217.44
OGTi 35,876.09
14.73M
1.97%
692.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,725.00 67,020.00
63,430.00
3065.00
4.81%
BRENT CRUDE 83.43 85.93
82.40
-3.90
-4.47%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
3.75
3.14%
ROTTERDAM COAL MONTHLY 125.00 125.00
125.00
-6.00
-4.58%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 80.81 82.42
79.70
-4.07
-4.80%
SUGAR #11 WORLD 13.72 13.90
13.61
0.02
0.15%

Chart of the Day


Latest News
June 15, 2026 at 07:01 PM GMT+05:00

Pakistan, Alibaba strengthen E-commerce ties


June 15, 2026 at 06:30 PM GMT+05:00

CM orders crackdown on wheat hoarding


June 15, 2026 at 05:31 PM GMT+05:00

NTC, PSW formalize digitalization pact


June 15, 2026 at 05:22 PM GMT+05:00

Three months of import cover in sight: SBP Governor



Top 5 things to watch in this week

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