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

Sindh Govt to revive Karachi Circular Railway

byCustoms Today Report
26/11/2014
in Business
Share on FacebookShare on Twitter

You might also like

Petrol pump owners demand end to weekly fuel price changes

25/05/2026

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

23/05/2026

ISLAMABAD: The project for revival of Karachi Circular Railway will be started soon in order to facilitate the residents and to solve their problems regarding transportation system of the city. It’s a foreign funded project which is sponsored by Japan International Cooperation Agency (JICA).
Launching of the project is subject to the signing of loan agreement and disbursement of the loan amount.
“Most of the pre-requisites laid down by JICA for signing of loan agreement has been fulfilled”, said an official of Ministry of Railway.
However, one of the main pre-requisite for launching the project was the clearance of right of way of the KCR route from encroachers and shifting of 6km Pakistan Railways track, which is yet to be undertaken.
A domestic plan was proposed by the government envisaging that the Federal and Sindh Governments may provide cash compensation to affected households (encroachers), in addition to shifting of 6 km railway track and construction of boundary wall from the area vacated by encroachers.
JICA was requested to give a letter of comfort for signing of loan agreement so that work on domestic plan could initiate.
The letter of comfort for signing the loan agreement and consent of JICA to the domestic plan is awaited.

Tags: Japan International Cooperation Agencyrevival of Karachi Circular Railway

Related Stories

Petrol pump owners demand end to weekly fuel price changes

byCT Report
25/05/2026

LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

byCT Report
23/05/2026

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

US wants partnership with Pakistan in mining, skills and industrial growth

byCT Report
22/05/2026

ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...

Gold prices in Pakistan surge following global trend

byCT Report
21/05/2026

KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...

Next Post

Google ready to make settlement with ex-Morgan Stanley banker

  • 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.