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

OGRA increases RLNG prices by up to 15.3pc in October

31/10/2026

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

30/10/2026

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

OGRA increases RLNG prices by up to 15.3pc in October

byCT Report
31/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3%...

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

byCT Report
30/10/2026

ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year,...

Wheat, flour prices expected to decline after imported wheat arrives

byCT Report
29/10/2026

KARACHI: A ship carrying 51,000 tonnes of imported wheat has arrived at Karachi Port, raising hopes of a decline in...

Pakistan to host global mining investors at PMIF26 on November 12–13

byCT Report
28/10/2026

ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...

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.