ECNEC Greenlights $6.7 Billion Pakistan Railways Upgrade

 ECNEC Greenlights $6.7 Billion Pakistan Railways Upgrade

In a landmark decision, the Executive Committee of the National Economic Council (ECNEC) gave the nod to upgrade Pakistan Railways’ main Line-1 (ML-1) on Tuesday, paving the way for a transformative revamp of the country’s rail network.

Led by Deputy Prime Minister and Foreign Minister Ishaq Dar, ECNEC approved the $6.7 billion project in two phases, marking a significant milestone in Pakistan’s infrastructure development journey.

The first phase, spanning 929 kilometers from Karachi to Multan, will cost $3.32 billion, with China agreeing to fund $1.1 billion for the Karachi-Hyderabad section. This phase will significantly enhance rail connectivity between the country’s financial hub, Karachi, and the industrial center of Multan.

The project’s second phase, worth $3.36 billion, will connect Multan to Peshawar, further expanding the rail network’s reach. However, this phase is contingent upon confirmation of financing from the China-Pakistan Economic Corridor (CPEC) or other sources.

In another significant move, ECNEC approved the flood response emergency housing project, worth Rs123.2 billion, funded by the Asian Development Bank (ADB) and the government. This project aims to support flood-stricken districts in Sindh, reconstructing over 250,000 multi-hazard resilient houses, providing relief to thousands of families affected by the devastating floods.

Furthermore, ECNEC approved four water-sector projects, including the construction of Dadhocha Dam, which will supply 35 million gallons of water per day to Rawalpindi, effectively bridging the water deficiency in the region.

These approvals signify a major boost to Pakistan’s infrastructure development and flood relief efforts, demonstrating the government’s commitment to revitalizing the country’s transportation and water sectors.

Also read: Feroze Khan’s Latest Picture with Second Wife Goes Viral

Web Desk

Related post