Sindh government sets aside Rs6.5bn to purchase electric buses

 Sindh government sets aside Rs6.5bn to purchase electric buses

Sindh sets aside Rs6.5bn to purchase electric buses

Karachi, 15 June: The Sindh government has set aside Rs6.5 billion in its new budget for the financial year 2021-22 for buying electric buses for Karachi.

In his budget speech on Tuesday, Chief Minister Syed Murad Ali Shah said a modern city required a modern transportation system.

“We can engage in a never-ending blame game. But we will not waste our time. Previously, we have unrolled multiple mass-transit programmes for Karachi and now we will intensify these programmes,” the CM said.

He further said the Annual Development Programme of the Sindh government for the next financial year contained an allocation of Rs8.2 billion for constructing the corridors of Bus Rapid Transit Service in the city.

“We are also thankful to the federal government for extending its support for the construction of Green Line BRTS, but we expect that the Government of Pakistan may revisit its commitment for the development of the Karachi city.”

The new budget contains an allocation of Rs2 billion for the construction of underpasses and overhead bridges over railway crossings along the route of the Karachi Circular Railway project.

It also contains an allocation of Rs6.476 billion as a grant-in-aid for the procurement of 250 diesel hybrid electric buses under the Sindh Intra-District Peoples’ Bus Services Project.

The Red Line Section of BRTS has been initiated in the year 2021 at a cost of Rs75 billion and its groundbreaking is expected in the third quarter of 2021.

“It will improve arterial connectivity of Malir and East districts with the Central business district,” said the CM. The proposed budget includes an allocation of Rs109.36 billion for carrying out various development projects in Karachi.

Projects for Karachi

“In view of the immense significance of Karachi as a financial/economic hub of the country, the highest chunk of the foreign loan/PPP (Public-Private Partnership) mode projects has been reserved for Karachi.

Currently, there are 1,072 projects in the ADP, Foreign Project Assistance and PPP mode in Karachi district for the total cost of Rs991.7 billion.”

There are 16 PPP-mode projects in Karachi with an estimated cost of Rs288.96 billion initiated in road infrastructure, water, information technology and health sectors. Also, there are six projects in Karachi collectively funded by the World Bank, the Asian Development Bank, and the Asia Infrastructure and Investment Bank signed in the last two years for the total approved cost of Rs436.68 billion. The allocation kept for 2021-22 is Rs39.619 billion.

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