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

Improved facilities: Railways passengers cross 10 million mark in two years

byCustoms Today Report
14/09/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The number of Pakistan Railways passengers has crossed 10 million mark during the last two years mainly due to improved facilities and services.

The government has envisaged vision 2025 targeting Pakistan Railways sector to enhance its market share from 4 percent to 20 percent.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

ZLK Islamic Financial Services Engages with Turkish Ambassador

17/04/2026

Secretary Railway Board, Aftab Akbar told APP that the continuous and untiring efforts of Railways minister Khawaja Saad Rafique and dedication of staff and workers had played a vital role in achieving the targets. He said the minister’s motivation had made the administration and workers more confident.

The authorities concerned have taken, and are taking, a number of steps both at macro and micro level to benefit the Organisation and public at large. Aftab Akbar said these reformatory steps include making functional the Railway Board, rationalization of the staff, restructuring of administrative hierarchy and upgradation of the post of General Manager Operations.

It is pertinent to mention that e-governance is being introduced in Railways ministry to make working more efficient while infrastructures (track fitness) plan to raise the speed of trains up to 140 K.M per hour has been prepared and being implemented in phases.

High capacity stocks like freight wagons, hopper trucks and boggy oil tank wagons is being procured to enhance line capacity and improve turn round of the trains.

Aftab Akbar said Pakistan Railways was also working on a project to ensure provision of clean drinking water facility to its employees and passengers. Regarding reform in railway police, he said police was being trained on modern lines and were being provided with state-of-the-art equipments. According to official documents available with APP, the government has allocated a sum of Rs. 41 million under Public Sector Development Project (PSDP) for Railways division in the current fiscal year.

Moreover, Rs882 million were allocated for Acquisition of Land for Railways Container Yard Station and Railway Line from Sea port up to coastal highway at Gwadar, Rs2,795 million were allocated for Mechanization of Track Maintenance while Rs1,000 million had been earmarked for procurement and manufacture of 75 Nos new DE locomotives.

“The Ministry of Railways revenue was Rs18 billion in 2012-13, Rs23 billion in 2013-2014 and now the management expects an income of Rs31 billion by the end of current financial year against the target of Rs28 billion,” said a ministry official on the condition of anonymity.

He said in 2012-13, Railways earned Rs. 1 billion from freight services but this year it was going to earn Rs. 8 billion under this head.

Upgradation of Mainline-1 (ML1) and construction of dry port and cargo handling facility had been included as Early Harvest Projects (EHP) under China-Pakistan Economic Corridor (CPEC) and preparatory work on these projects has been initiated on fast track basis, he added.

The official said the ministry of railways had launched a cargo train service between Pakistan and Iran to promote trade between the two countries, adding Pakistan Railways would complete management work of its land record under modern arrangements with an aim to evaluate exact position of PR land across the country by June 2016.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

ZLK Islamic Financial Services Engages with Turkish Ambassador

byCT Report
17/04/2026

ISLAMABAD: Zahid Latif Khan, Chairman of ZLK Islamic Financial Services (Pvt.) Limited, along with Mr. Muhammad Abdullah Khan, Business Executive...

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

IT leads list as SECP registers 2,993 companies in March 2026

byCT Report
15/04/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...

Next Post

World Customs organization sponsors conference in Baku

  • 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.