Islamabad: On Thursday, 11th of February, The Central Development Working Party (CDWP) cleared the Karachi Circular Railway (KCR) worth Rs. 273.07 billion.
The KCR project was cleared at a meeting with CDWP presided over by Deputy Chairman Planning Commission, Dr. Jahanzeb Khan, and the provincial government representatives. The Chairman appealed to the Executive Committee of the National Economic Council (ECNEC) to give final approval for the implementation of KCR.
In order to meet the excessive demand of Karachi’s population, Karachi Circular Railway (KCR) claims to provide the people of Karachi with a secure and sustainable means of transport.
The railway project is predicted to completely revamp Karachi’s traffic conditions and transportation facilities by providing a ridership of 4,57,000 every day; this number is anticipated to increase in 33 years of the project’s life.
CDWP also approved two other projects along with KCR; Gujranwala Institute of Nuclear Medicine and Radiotherapy (Phase-II) and Social Health Protection Initiatives, accumulating a total cost of approximately Rs. 280 billion.
While addressing the press, Secretary Railway said: “The 43-kilometer dual track of the Urban Rail Mass Transit System will be built in a matter of three years on a Public-Private Partnership (PPP) basis. An electric train will then be set up, and 30 stations will be built in the most overpopulated areas of the city.”
The Chairman, Dr. Jahanzeb Khan, was of the view that execution of the railway would be arduous. Initially, the project was worth Rs. 201 billion; however, the cost has only increased with time. Although, in the long run, the KCR project is forecasted to be highly beneficial for the citizens of Karachi.
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