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PR deficit reduced from Rs32b to Rs27b: Saad

byCT Report
13/12/2015
in Business
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SIALKOT: Federal Railways Minister Khawaja Saad Rafique has said that the Pakistan Railways is on the track to progress as the annual deficit of PR has been reduced from Rs32 billion to Rs27 billion, which would further be brought down to Rs23 billion in the next year.

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Addressing inaugural ceremony of the Narowal Railway Station Upgradation Project, he said that now the PR is making progress day by day.

The project would be completed under the supervision of NESPAK in a stipulated period of 16 months with total estimated cost of Rs 351 million. This project would cover an area of 62,000 square feet.

The minister said that the government was making hectic efforts to make Pakistan Railways a profitable service by providing quality journey services for the commuters across Pakistan.

He said that a lot of work was yet to be done gradually by the government to improve the railway infrastructure in the country besides ensuring early repairing of its over-aged railways engines and rusting tracks.

Rafique announced the speed of trains from persisting 35-40km/hour on old railway track between Narowal to Lahore to 60-65km/hour by ensuring early repairing of the tracks.

He said that the feasibility reports were also being prepared to ensure Narowal-Sialkot and Sialkot-Sambrial-Wazirabad rusting railway tracks for repairing. He added that 21 selected railways stations across Pakistan are being upgraded as the government was committed to pulling the Pakistan Railways out of the financial crisis.

He said that the masses had rejected the negative styled politics of conflicts by the “immature politicians” by rejecting them through their votes in LB polls. He said that the government was also committed to safeguarding the rights of the people of Balochistan besides establishing durable peace there.

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