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

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

0:00

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	185,098.83 381.92M	2.01% 3642.50
ALLSHR	111,509.35 956.25M	2.13% 2327.02
KSE30	56,737.75 167.91M	2.00% 1112.07
KMI30	260,872.72 165.83M	2.57% 6529.72
KMIALLSHR	71,488.31 461.39M	2.50% 1744.73
BKTi	53,691.60 50.03M	1.27% 672.83
OGTi	38,672.45 45.54M	4.90% 1805.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	94,865.00	96,060.00 94,395.00	-490.00 -0.51%
BRENT CRUDE	64.47	64.77 63.44	0.71 1.11%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.00 -2.25%
ROTTERDAM COAL MONTHLY	97.90	98.10 97.70	0.55 0.57%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.72	60.05 58.81	0.64 1.08%
SUGAR #11 WORLD	14.95	14.95 14.60	0.38 2.61%