Federal Minister for Planning, Development and Special Initiatives Asad Umar, held a meeting in Islamabad on Monday to assess the readiness of Karachi Circular Railway and rail freight corridor.
During the meeting, important issues related to the freight corridor were discussed and considered. It was announced at the meeting that the feasibility study of the freight corridor had been completed. At the meeting, it was decided that in order to measure the level of investor interest, all relevant and important decisions should be made within one month by all relevant departments.
The Minister of Railways also announced at the meeting that the Karachi Circular Railway (KCR) project is being implemented in accordance with the timetable set by the Ministry. The KCR feasibility study will be completed by mid-August.
Given the importance of this groundbreaking initiative, the meeting decided to prepare a separate civil engineering project for KCR to complete the project quickly.
It was agreed that, The civil structure of PC-1 to be handled through PSDP after due approvals. Working on various KCR dimensions simultaneously will save time.
The meeting was attended by the Federal Minister of Railways Azam Khan Swati, the Secretary for Planning, the Secretary of the Railways, the Director-General of the Public-Private Partnership Authority, as well as senior officials from the two ministries.
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