AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has said that 46 coaches from China have arrived in Pakistan and the project was conceived in 2017.

In this regard an agreement was signed in 2021, which should have been signed in 2018. Unfortunately, the project was delayed due to which its cost had increased by billions of rupees. All-out efforts were being made to tackle the issue.

Continuity of policies is essential to strengthen Railways, or any other department in the country.

While addressing a press conference at a local hotel on Sunday, he thanked Chinese Company CRRC, its staff and railway officials for completing the first phase of a project related to high speed coaches, manufactured by the CRRC.

Railways minister said that the completely built unit (CBU) coaches were only 46, and the rest of coaches would be made in Pakistan at carriage factory Islamabad. Transfer of technology would also be carried out soon after which Railways would not obtain the CBU for such coaches, he added.

Saad Rafique urged the Railways engineering department to fully benefit from transfer of technology initiative as it would be helpful for improving the CFI Unit of the department. He said that sincere efforts were being made for evolving a 10-year roadmap for Railways at the earliest. Khawaja said, “In 2018, the PSDP of railways was Rs 43 billion and it only increased by Rs 4 billion in four years of the PTI government.” He said that not a single locomotive had been included in a fleet besides no addition of any new coach.

During the tenure of the PTI government, Railways was badly mismanaged, he said adding that now efforts were being made once again to streamline the things. He said that Railways land had been digitalized, which was a great step in the right direction.

The minister said that land of civil aviation would also be digitalized and Railways Land Director General was providing assistance in this regard on the basis of his experience. He said that Railways land would have to be utilized for generating revenue, adding that special focus was being made on branding.

In response to a question regarding optic fibre, he said that all stakeholders should come up with revenue sharing formula. He said that dedicated efforts were being made to bring improvement in Pakistan Airlines besides wiping out cartels and mafias in aviation. He said that work on Main Line-1 project would be started again and he thanked the Chinese leadership in this regard.

Saad Rafique said that all possible steps would be taken to uplift Railways, Aviation and Local Aviation industry, adding that national aviation policy was also being improved and soon it would be submitted to the federal cabinet.

To a question, Saad Rafique said that assemblies were made for legislation not for dissolution.

In response to a question, he said the time will come soon when there will be a new accountability system in the country as the National Accountability Bureau had been misused by Imran Khan and company.

Copyright Business Recorder, 2022

Comments

Comments are closed.