Islamabad, January 24, 2020 (PPI-OT): Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting to discuss the Karachi Circular Railway Project here in Islamabad on Wednesday. Secretaries of Ministries of Planning, Finance, EAD, Communications and senior officials of Planning Commission participated in the meeting.
The meeting discussed the issues hampering the implementation of KCR project as indicated by the government of Sindh. The Minister was given a detailed briefing on the project. It was informed that he PC-I of KCR project was approved in October 2017, by the ECNEC at the total cost of US$ 1,971 million, however no progress could be made in arranging the financing for the project.
Minister Asad Umar stated that the Federal Government is fully committed to support the KCR project for its expeditious implementation in consultation with the Chinese side as the project will provide safe, efficient and reliable public transport for the citizens of Karachi. He directed Planning Division and EAD to immediately initiate work for finalising the implementation mechanism with the Chinese side.
For more information, contact:
Ministry of Planning, Development and Special Initiatives
“P” Block, Pakistan Secretariat, Islamabad, Pakistan
Tel: +92-51-9209442
Fax: +92-51-9201777
Email: webmanager@pc.gov.pk
Website: https://www.pc.gov.pk/