Minister Asad reviews working on KCR, Railways Freight Corridor

Important issues related to the freight corridor were discussed and reviewed during a meeting chaired by the minister, said a press release.

The meeting was informed that the feasibility study of the Freight Corridor had been completed.

It was decided in the meeting that in order to gauge the level of investor’s interest, all relevant important decisions must be taken within a month’s time by all the concerned departments.

The Secretary Railways informed he meeting that the Karachi Circular Railway project is on track as per the time lines given by the ministry.

The feasibility study of KCR will be completed by the middle of August.

Keeping in view the importance of this flagship initiative, the meeting decided that a separate project be prepared for the civil structure of KCR for completing the project on a fast track basis.

The PC-1 for civil structures must be brought for processing for approval and subsequent funding through PSDP at the earliest.

Simultaneous work on both the components of KCR will result in months of time saving and completion of the project.