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

Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment

17/07/2026

PIA buyers receive Rs14.2b in properties under privatisation deal

15/07/2026

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

Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment

byCT Report
17/07/2026

ISLAMABAD: Electricity consumers across Pakistan, including Karachi, may face a further increase in power tariffs after the Central Power Purchasing...

PIA buyers receive Rs14.2b in properties under privatisation deal

byCT Report
15/07/2026

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

IHC approves Telenor Pakistan-Ufone merger

byCT Report
14/07/2026

ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...

‘Pakistan’s seafood export hits record $ 568 million’

byCT Report
13/07/2026

ISLAMABAD: The Federal Minister for Maritime Affairs in Pakistan, Muhammad Junaid Anwar Chaudhry, has said that Pakistan’s seafood exports reached...

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.