Prime Minister directs commercial funding for Main Line-1 railway upgrade
Prime Minister Shehbaz Sharif directed officials in Islamabad to accelerate the Main Line-1 project and implement corporate-style reforms at Pakistan Railways.
Meeting directives on railway upgrades
The Prime Minister presided over a review meeting regarding reforms in Pakistan Railways held in Islamabad. He instructed authorities to expedite work on upgrading the Main Line-1, which stretches from Peshawar to Karachi. The project aims to modernise existing infrastructure to improve both passenger travel facilities and freight transport capacity.
Funding strategy for construction
Officials were told that construction should be undertaken on a commercial basis by utilising identified lands worth billions of rupees. The Prime Minister commended teams from the National Accountability Bureau and the Ministry of Railways for identifying encroached properties. He approved the utilisation of bank funding to support the construction efforts for this crucial corridor project.
Goal for economic self-sufficiency
The Prime Minister stated that harnessing the commercial potential of railway properties is necessary for the national economy. Corporate-style reforms are intended to make the organisation economically self-sufficient and profitable under the guidance of the railway minister. Effective use of valuable railway land will contribute to the development of the institution.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Business Recorder
- Dawn
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