Islamabad, October 28, 2014 (PPI-OT): The seven projects worth Rs. 38806.548 million were presented and discussed in detail in the CDWP meeting which was chaired by the Federal Minister for Planning, Development and Reform Prof. Ahsan Iqbal. The projects approved by CDWP are as under: Rehabilitation of 300 NOs. Traction Motors worth Rs. 1650 million Public Sector Enterprise Reforms Rs. 2272.5 million Project for security improvement in Karachi port and Port Qasim for installation of 3 fixed and one mobile scanners by Japan International Cooperation Agency JICA worth Rs. 1856.75 million.
The projects recommended to ECNEC are as under: Rehabilitation, Up-gradation and Conversion of 400 coaches worth Rs. 5200 million. Special Repair of 100Nos Diesel Electric Locomotives worth Rs. 4843 million. Replacement of old and obsolete signal gear from Lodhran-Multan, Khanewal-Shahdara Bagh Main line section of Pakistan Railways worth Rs. 18484.298 million Islamabad-Raikot section Phase I Havelian Thakot worth Rs. 4500 million.
In order to streamline transport the Federal Minister said, “Pakistan Railways should come up with Railways Business Plan 2025 by keeping in view cargo and passenger load in the country as it will also give boost to materialize goals of vision 2025 set forth for transport and communications. He emphasized the project executioners to approach Europe, Japan and China to explore opportunities for free technical expertise in reforming railways on modern lines”.
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