Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

China offers investment of 3.8 billion US dollar for Pakistan Railways

byCT Report
21/04/2015
in Business, Latest News
Share on FacebookShare on Twitter

LAHORE: Chinese Vice Minister for Transport Lu Dong Fu has said that Peoples Republic of China was willing to invest more than US $3.8billion in the railway sector for up-gradation of Pakistan Railways.

Addressing a joint meeting of a 13-member delegation of Chinese official and PR officers at PR headquarters here on Tuesday; he expressed his wishes that China wanted to help the PR for developing all sections including locomotives, signals, communication and track.

You might also like

PHC declares levy of excise duty on hand-stemmed tobacco illegal

06/11/2026

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

06/11/2026

He assured that all out cooperation would be offered for the betterment of the Pakistan Railways.

Representatives of China Eryuan Engineering group gave a briefing on the feasibility study report of the PR and recommended several suggestions for up-gradation of Karachi-Havelian (ML1) track.

On the occasion, PR Chief Executive Officer Javiad Anwar Boobak acknowledged the cooperation of China and said that Pakistan and China have been working for years.

He said that China cooperation in the improvement of the PR was an example of true friendship which could never be shaken.

Earlier, the PR CEO welcomed the Chinese guests at Lahore Railway Station where children presented them bouquets.

Later, he along with the Chinese delegation and PR officers visited PR Locomotive Workshop.

The PR CEO briefed the guests about the manufacturing, rehabilitation and capacity of the shop on which the Chinese Minister offered cooperation in the locomotive manufacturing and rehabilitation.

Related Stories

PHC declares levy of excise duty on hand-stemmed tobacco illegal

byCT Report
06/11/2026

PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn’t be imposed on green leaf and hand-stemmed tobacco...

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

byCT Report
06/11/2026

ISLAMABAD: Pakistan State Oil Company Limited (PSO) has confirmed the appointment of Mustafa Ramday as its new chairman following the...

Pakistan, Uzbekistan plan AI-driven customs collaboration

byCT Report
06/11/2026

KARACHI: Pakistan and Uzbekistan have agreed to strengthen customs cooperation by expanding digital integration, enhancing information sharing and exploring the...

Vessel of TPOC to reach Karachi between Nov 17-20 for offshore exploration

byCT Report
06/11/2026

KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting to review preparations and arrangements for the arrival...

Next Post

Vietnamese unit of Germany’s Metro Cash & Carry to pay $24 million in tax arrears

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.