Ministry of Planning
Development & Special Initiatives
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Press Release

P3A Board Approves Transaction Structure of Kharia...

Published : 15 October 2021

The 18th Board of Directors’ meeting of the Public-Private Partnersh...


Ministry of Planning Development & special initiat...

Published : 11 October 2021

Ministry of Planning Development & special initiatives technical suppo...


A meeting of the Cabinet Committee on Energy (CCOE...

Published : 8 October 2021

A meeting of the Cabinet Committee on Energy (CCOE) was held under the...


Federal Minister for Planning, Development, and Sp...

Published : 5 October 2021

Federal Minister for Planning, Development, and Special Initiatives As...


Feasibility study of the Freight Corridor is completed; KCR Feasibility Study will be completed by mid of August 2021

Dated : 26 July 2021

Federal Minister for Planning, Development, and Special Initiatives Asad Umar chaired a meeting to review the present status of preparation and processing of Karachi Circular Railway (KCR) and Railways Freight Corridor projects here in Islamabad on Monday. Federal Minister for Railways Azam Khan Swati, Secretary Planning, Secretary Railways, CEO PPP Authority, and senior officials of both Ministries participated in the meeting.

In the meeting, important issues related to the freight corridor were discussed and review. The meeting was informed that the feasibility study of the Freight Corridor has been completed. It has been 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.

Secretary Railway also informed in the meeting that the Karachi Circular Railway project is on track as per the timelines 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.