Bus corridor projects worth $1bn to be developed in Karachi

KARACHI: Minister for Transport and Mass Transit of Sindh Syed Awais Qadir Shah in an interview informed that bus corridor projects worth $1bn will be developed in Karachi to solve the commuting issues of the city.

invest with imarat

Islamabad’s emerging city centre

Learn More

While talking on the occasion, the minister informed that the Red Line project worth $550mn will be developed with the assistance of the Asian Development Bank (ADB) and the work on the project will be started by this month.

Similarly, the minister told that another bus project worth $455mn will be developed with the assistance of the World Bank (WB).

As per the details, the fleet of the Red Line project will be comprised of 280 customised buses which will initially run on methane and later will be switched to batteries. 

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Govt Plans Strict Tax Measures Against Non-Filers in Upcoming Finance Bill

Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…

11 hours ago

Pakistan Awaits IMF Verdict on $2.3 Billion in Loan Approvals

Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…

18 hours ago

Lahore-Rawalpindi Bullet Train Project Lauded as a Major Milestone for Punjab’s Development

Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…

2 days ago

CDA Sets New Record with Rs25 Billion Development Expenditure This Fiscal Year

ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…

3 days ago

Islamabad Set to Inaugurate State-of-the-Art IT Park on August 14

ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…

4 days ago

Lahore’s Central Business District Completes PKR 9 Billion Smart Road Project

Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…

6 days ago