AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Pakistan

CM Buzdar inaugurates much-awaited Lahore Orange Line Metro service

  • Shahbaz Gill says Punjab government should declare a day of mourning today as it is a failed project
Published October 25, 2020

(Karachi) Punjab Chief Minister Usman Buzdar inaugurated the Lahore Orange Line Metro Train project on Sunday. The fare for the rapid transit system has been kept at Rs40 for a single trip.

Speaking on the occasion, Buzdar said that the mega project is part of China-Pakistan Economic Corridor and the provincial government made hectic efforts to complete the project. "I thank the Chinese government for their help and support in completion of the project," he stated.

The CM stated that Pakistan and China have good ties and will continue to extend cooperation in other sectors.

He added that the service will benefit the people of Lahore and will address transport woes. "It will provide state-of-the-art transport facilities to the people with low travel cost," Buzdar said.

Meanwhile, Special Assistant to PM on Political Communication Shahbaz Gill has said that the government will pay Rs12 billion as annual subsidy to operate the train service.

He stated that the operating cost of per ticket is Rs 274 per ticket while the subsidy is Rs234.

"The Punjab Government should declare it a day of mourning as it is a failed project," Gill remarked.

A few months ago, the senior officials of the Punjab government took a ride in the Lahore Orange Line Metro Train that completed its high speed test run. The test run of the train was conducted at the high speed of over 70km per hour and it was completed in 20 minutes.

Orange Line is an automated rapid transit system in Lahore and is Pakistan's first metro in the entire country. It spans 27.1 km with 25.4 km elevated and 1.72 km underground.

The line will be served by 26 stations and is expected to handle 250,000 passengers daily. It is a part of the wider China-Pakistan Economic Corridor project and is being financed by both the Government of Pakistan and Government of China.

The project was initiated in May 2014 while financing for the project was secured in December 2015 when China's Exim Bank agreed to provide a soft loan of $1.55 billion for the project. The construction works on the project began in October 2015.

Comments

Comments are closed.