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Railways leases out 6,496 acres land during last three years

byCT Report
02/11/2017
in Business
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ISLAMABAD: Pakistan Railways (PR) has leased out 6,496 acres railway land across the country to different departments and private persons to generate extra revenue during last three-year.

“The land was leased and licensed out for various purposes including premium shops, stacking, agriculture and parking stands etc,” an official in the Ministry of Railways told APP.

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He said that it is worth pointing out that Pakistan Railway earned a revenue of Rs4,653.917 million in last three-year as compared to Rs1,578.136 million in previous three-year. Giving province wise breakup, the official said that Pakistan Railways has leased out 5,132 acres in Punjab, 833 in Sindh, 470 in KP and 59 acres in Balochistan.

To a question, he said that railway administration carried out six anti encroachment operations to retrieve its encroached lands. The official said that a total of 3,594.488 acres railway land has been retrieved with the assistance of Railway Police and District Administration since February 1, 2012 till August 31, 2017.

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