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

KPRA reviews third quarter performance, charts trategy for final quarter

22/04/2026

KCCI condemns shooting of Karachi industrialist, cites security fears

22/04/2026

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

KPRA reviews third quarter performance, charts trategy for final quarter

byCT Report
22/04/2026

PESHAWAR: Collector Sales Tax on Services, Khyber Pakhtunkhwa Revenue Authority (KPRA), Muhammad Abbas Khan, chaired an internal review meeting of...

KCCI condemns shooting of Karachi industrialist, cites security fears

byCT Report
22/04/2026

KARACHI: The Karachi Chamber of Commerce & Industry on (KCCI) Tuesday condemned a gun attack on a prominent industrialist in...

DG Valuation revises customs values for used imported mobile phones vide VR No.2070/2026

byCT Report
22/04/2026

KARACHI: The Directorate General of Customs Valuation issued Valuation Ruling No. 2070/2026, replacing the earlier Valuation Ruling No. 2035/2026 dated...

PM Shehbaz directs faster rollout of electric vehicles policy

byCT Report
22/04/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has directed authorities to accelerate measures for the promotion of electric vehicles (EVs) in the...

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.