Ahsan Iqbal Announces 400th Attempt to Revive Pakistan Railway

In practice, the federal administration is preparing a Rs. 450 billion-plus upgrade for the Rohri-Multan section of ML-1 after recording 399 failed attempts in 10 years.

Key points

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• The session was informed that 158 other train accidents were additionally recorded during the last 10 years, highlighting the condition of the existing railway infrastructure.
• He additionally stated work on the Karachi-Rohri section, backed by Asian Development Bank financing, will commence during the current fiscal year.
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• Planning Minister Ahsan Iqbal remarked railway modernization is a administration priority while chairing a session on financing the project.

Meanwhile, the Rohri-Multan section is estimated to cost more than Rs. 450 billion, with the administration examining development funds, foreign financing, public-private partnerships, local bank financing and domestic capital markets to fund the restoration. Pakistan is Sitting on $7 Trillion Treasure: Ahsan Iqbal.

Meanwhile, the session was informed that 158 other train accidents were additionally recorded during the last 10 years, highlighting the condition of the existing railway infrastructure.

Iqbal directed authorities to commission an independent feasibility study for the Rohri-Multan section to determine its technical, financial and economic viability and identify a suitable financing model.

Meanwhile, the Ministry of Railways was directed to assess future requirements for locomotives, freight wagons and passenger coaches and include them in an integrated railway modernization plan.

Meanwhile, the Planning Minister remarked ML-1 is critical for improving passenger and freight transport while supporting trade and economic activity.

He additionally called on alternative financing options as reductions in the development budget continue to affect major projects. Stay Connected with ProPakistani.

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In short, ahsan Iqbal Announces 400th Attempt to Revive Pakistan Railway is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.