AGL 37.90 Decreased By ▼ -0.12 (-0.32%)
AIRLINK 213.00 Increased By ▲ 15.64 (7.92%)
BOP 9.90 Increased By ▲ 0.36 (3.77%)
CNERGY 6.34 Increased By ▲ 0.43 (7.28%)
DCL 9.21 Increased By ▲ 0.39 (4.42%)
DFML 37.70 Increased By ▲ 1.96 (5.48%)
DGKC 100.71 Increased By ▲ 3.85 (3.97%)
FCCL 36.00 Increased By ▲ 0.75 (2.13%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 133.05 Increased By ▲ 5.50 (4.31%)
HUMNL 13.75 Increased By ▲ 0.25 (1.85%)
KEL 5.60 Increased By ▲ 0.28 (5.26%)
KOSM 7.23 Increased By ▲ 0.23 (3.29%)
MLCF 46.10 Increased By ▲ 1.40 (3.13%)
NBP 61.00 Decreased By ▼ -0.42 (-0.68%)
OGDC 224.50 Increased By ▲ 9.83 (4.58%)
PAEL 41.15 Increased By ▲ 2.36 (6.08%)
PIBTL 8.59 Increased By ▲ 0.34 (4.12%)
PPL 200.49 Increased By ▲ 7.41 (3.84%)
PRL 39.95 Increased By ▲ 1.29 (3.34%)
PTC 27.77 Increased By ▲ 1.97 (7.64%)
SEARL 108.89 Increased By ▲ 5.29 (5.11%)
TELE 8.60 Increased By ▲ 0.30 (3.61%)
TOMCL 36.15 Increased By ▲ 1.15 (3.29%)
TPLP 13.91 Increased By ▲ 0.61 (4.59%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.00 Increased By ▲ 1.03 (3.12%)
WTL 1.68 Increased By ▲ 0.08 (5%)
BR100 12,172 Increased By 445.9 (3.8%)
BR30 37,855 Increased By 1478.7 (4.06%)
KSE100 113,437 Increased By 3924.2 (3.58%)
KSE30 35,872 Increased By 1358.1 (3.94%)

Pakistan Railways (PR) has decided in principle to develop a 50-kilometer freight corridor-laying a double track line between Karachi Port and Pipri Yard for the transportation of cargo containers. Tariq Asad, a senior PR official posted in Karachi Division, said the mode of project is at built operate and transfer (BOT) basis. The PR will hire a consultant firm to conduct the study.

"The project is already in paperwork will be floated within a few days." he said. He said this 50km corridor from Karachi port to Pipri is of immense importance as traffic burden from Karachi city would reduce to some extent, once the project is completed.

Containers will be transported from Karachi Prt to Pipri by freight shuttle train running on this track. Karachi Port has an average capacity of 3 million containers annually. This project will reduce the traffic pressure on Karachi city. Besides providing convenience to exporters and businessmen, the government will also receive revenue in billions annually. He said the PR is celebrating the year 2020 as freight year with a prime focus on increasing revenue generation by cargo services.

Copyright Business Recorder, 2020

Comments

Comments are closed.