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

Japanese out, Chinese in: 18 years after closure, KCR to start this year

byCT Report
06/01/2017
in Business
Share on FacebookShare on Twitter

KARACHI: The Japanese are no longer looking after the Karachi Circular Railway (KCR). The service which shutdown in December 1999 has now become part of the China Pakistan Economic Corridor (CPEC).

After its addition in CPEC this December, the Joint Cooperation Committee has asked the transport department to submit their report within three months after the signing of its agreement.

You might also like

Bejaan Resorts, South Air sign agreement

28/08/2026

Petroleum Minister calls for review of gas subsidy system, pricing slabs

27/08/2026

The KCR was commissioned in 1964 and remained an effective mass transportation system till 1984. Later the operational efficiency kept deteriorating—resulting in the loss of passengers and eventual closure after 15 years.

KCR has a 43.12 kilometers long track- 23 kilometers will be elevated, and its jurisdiction is spread over 360 acres. When functional, KCR will have 24 stations, each 1.5 km away from the other. Trains will be kicking off their journey from city railway station till Nipa and one complete round will take 66 minutes. Each day it will cater to 0.7 million passengers.

Successive governments have been striving to revive the dead project. But it needs more money than the city’s yearly budget.

Back in 2009, Japan International Cooperation Agency (JICA) showed its interest in this project which would have cost them almost $2609.32 million but years later their interest was overshadowed due to the hurdles in the project mainly encroachment on the mainline.

Talking to Geo News Director General Mass Transit Cell, Muhammed Ather said, “We fulfilled all the 46 conditions of JICA officials which included tax exemptions and removal of encroachments from the mainline and side rows”, he further revealed, “everything was on the verge of start but later on their interest overshadowed, as they were offering 85 percent of the capital for 40 years of soft loan, they might have found something better in the energy sector”.

Related Stories

Bejaan Resorts, South Air sign agreement

byCT Report
28/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Petroleum Minister calls for review of gas subsidy system, pricing slabs

byCT Report
27/08/2026

ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has called for a review of the existing gas subsidy system and pricing...

Punjab moves to scrap old, unfit vehicles under new legal framework

byCT Report
25/08/2026

LAHORE: The Punjab government has introduced a new legal framework for scrapping old, unfit and polluting vehicles, declaring certain categories...

PIDE calls for collaboration to make Pakistan’s housing climate-resilient

byCT Report
24/08/2026

ISLAMABAD: Speakers at a PIDE dialogue here on Monday stressed the need to shift Pakistan’s housing agenda from policy commitments...

Next Post

Chinese CET all set to energise Pakistan

  • 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.