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Home Business

Lahore Metro to add more buses to its fleet

by Web Desk
July 19, 2021
in Business, Economy
Reading Time: 1 min read
0
Lahore Metro
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64 new buses will be added to the fleet of Lahore Metro. According to sources 16 of these buses have already reached Lahore Metro Bus Depot while the remaining 48 buses will arrive by the 15th of August.

New buses were procured by VEDA Transit Solution, stating that the provincial government will save up to 2 billion rupees on the life of the contract. It was reported in March that VEDA Transit Solution along with a group of local banks with Bank of Punjab being a key adviser had arranged and signed the agreement.

Along with the addition of new buses, Punjab Mass Transit Authority (PMA) has proposed changes to the fare system. According to the proposal sent to the provincial government, PMA has proposed to reduce the subsidy of the Orange Line Metro rail transit system. PMA has further proposed that the fare must be charged on the basis of distance traveled.

Tags: fleetLahore MetroLahore Metro Bus DepotPMAPunjab Mass Transit AuthorityVEDA Transit Solution

Web Desk

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