PM approves establishment of Capital Mass Transit Authority

News Image

MG News | December 07, 2017 at 12:43 PM GMT+05:00

0:00

Prime Minister Shahid Khaqan Abbasi Wednesday approved, in principle, a proposal for the establishment for Capital Mass Transit Authority for the purpose of planning, operation and maintenance of Metro Bus Service that would ply between the new Islamabad International Airport and main residential areas of the federal capital/Rawalpindi.

The decision was taken during a meeting held at Prime Minister’s Office on Islamabad Metro Bus Project which is being established to cater to the transportation requirements of the residents of the twin cities after the completion of New Islamabad International Airport.

The meeting was attended by Minister of State for Communication Mr. Muhammad Junaid Anwaar Chaudhry, Secretary to the Prime Minister, Chairman CDA Mr. Ansar Sheikh, and Managing Director of the Punjab Mass Transit Authority Mr. Sibtain Fazal-e-Haleem, Chairman NHA Mr. Shahid Ashraf Tarar, Secretary Finance Mr. Shahid Mehmood and other senior officials.

The Prime Minister directed that necessary legislation to this effect be initiated and expertise of Punjab Mass Transit Authority be utilized for establishment of the statutory body within minimum possible timeframe.

Related News

Name Price/Vol %Chg/NChg
KSE100 184,174.49
344.20M
1.01%
1836.37
ALLSHR 110,725.47
802.30M
1.02%
1116.66
KSE30 56,462.88
128.04M
0.96%
535.72
KMI30 261,050.23
116.63M
1.37%
3522.37
KMIALLSHR 71,230.99
382.91M
1.23%
862.76
BKTi 53,229.04
40.62M
1.01%
532.20
OGTi 38,590.42
18.06M
1.28%
488.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 82,855.00 84,945.00
81,210.00
-1545.00
-1.83%
BRENT CRUDE 69.30 69.73
67.79
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.35
-2.64%
ROTTERDAM COAL MONTHLY 98.95 99.00
98.95
0.00
0.00%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 65.11 65.87
63.64
-0.31
-0.47%
SUGAR #11 WORLD 14.30 14.71
14.29
-0.40
-2.72%

Chart of the Day


Latest News
January 30, 2026 at 05:05 PM GMT+05:00

PSX Closing Bell: High Green Notes


January 30, 2026 at 05:01 PM GMT+05:00

IMF steers Pakistan toward stability, export-led expansion


January 30, 2026 at 03:32 PM GMT+05:00

PKR rises by 3 paisa against USD



Top 5 things to watch in this week

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