LAHORE: To expand and reconstruct the existing line (ML-1) project under China-Pakistan Economic Corridor (CPEC), the Ministry of Railways has submitted a feasibility report to the Planning Commission for PC-1, with as the estimated cost of $9.249 billion.
After approval, phase 1 worth $2.368 billion will be completed in four years, whereas phase 2 costing $3.267 billion in five years and phase 3 costing $3.676 billion, will take seven years to complete and would increase the number of passenger trains to 30 by 2024, and 40 by 2030. The funding of the project will be done by China for 30 years.
Stretching 1,872 kilometres, a track will be paved for the Karachi-Peshawar track under CPEC ML-1. The summary regarding the speed up-gradation of trains will also be submitted to the Planning Commission.
For news and blogs, visit Graana.com.
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…
The federal government has announced the abolition of Right of Way (RoW) charges on federal…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
