International
Pakistan allocates funds for China-Pakistan Railway ML-1 railway project
Seetao 2020-03-30 17:00
  • The total budget for various development projects in Pakistan during 2019-2020 is Rs 710 crore
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On March 24, 2020, the Pakistani federal government allocated Rs 1.8 billion in development funds for the preliminary design of the upgrade and reconstruction of the trunk line under the China-Pakistan Economic Corridor (CPEC) and the establishment of a dry port near Havilian.

During the Federal Government's Public Sector Development Plan (PSDP) 2019-2020, the project allocated Rs 1.8 billion in funds and has now been paid.

According to the latest data released by the Ministry of Planning, the total cost of the project was Rs 10.64 crore. As of June 30, 2019, Rs 517.2 crore had been spent. Overall, of the total Rs 13.47 crore allocation, Rs 10.7 crore was used for various development projects in the railway sector.

Similarly, the government has allocated 1 billion rupees for the purchase of 75 diesel locomotives, of which 1 billion rupees were allocated during the year.

With regard to the purchase of 820 large-capacity bogie trucks and 230 passenger passenger cars, the government has so far allocated Rs 1.9 crore from the total Rs 2.2 crore allocation, and 11.1 for the reconstruction of assets damaged during the 2010 flood Rs. Crore, of which Rs. 1.4 crore has been allocated for the current fiscal year.

The track repairs on the Khanpur Lodhran section cost Rs 330 crore from the total Rs 330 crore allocation, while the government paid Rs 356 crore for Hassan Abdal, Nankana Sahib and Norowal railway station upgrade projects, of which Rs 445 crore was allocated.

The government also allocated 457 million rupees from the total allocation of 571 million rupees for the upgrading of terminal facilities and dry ports, while also allocated 404 million rupees for the upgrading and refurbishment of railway stations.

So far, the government has paid a total of Rs 466.7 crore for various development projects under the PSDP in 2019-20, of which the total allocation is Rs 710 crore. Editor / Huang Lijun

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