• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Economy

Every month 10 freight trains move between Pakistan and Iran

by News Desk
in Economy
Reading Time: 2 mins read
freight trains
Share on FacebookShare on Twitter

10 freight trains move between Pakistan and Iran every month. A feasibility study was carried out at an estimated cost of $698 million.

The feasibility study for rehabilitation and improvement of track from Quetta to Taftan was carried out at an estimated cost of us $698 million in June 2019 to design and run the train at 120km per hour, according to an official document.

RelatedPosts

High Risk Third Countries: EU Commission removes Pakistan from ‘list’

China rolls over $2 billion loan to Pakistan

Work on Dasu hydropower, Islamabad sub station commenced

Pakistan Railways has offered this section for upgradation to potential investors of different countries including Russia, Kazakhstan, Iran and Belarus on Public-Private Partnership (PPP) and Built Operate Transfer (BOT) model.

About the proposal to extend and connect the rail link between Pakistan and Afghanistan under China Pakistan Economic Corridor (CPEC) project, the rail link was discussed in the 5th Joint Cooperation Committee (JCC) meeting held in 2015.

However, it has not been included in the CPEC project yet. It was stated that the rail link between Pakistan and Afghanistan via Main Line-1 had been planned through another project of Mazare-Sharif-Kabul-Peshawar rail link for which a road map between Uzbekistan, Afghanistan and Pakistan had already been signed.

Earlier in November, Pakistan Railways was determined to upgrade cargo transportation services to facilitate the industry, Pakistan Railways Secretary Habibur Rehman Gilani had said.

Talking to the business community during his visit to the All Pakistan Textile Mills Association (Aptma) office, he had said that the initiative would reduce the cost of doing business for the industry and enable exporters to compete with regional competitors.

Gilani had admitted that Pakistan Railways had turned passenger-centric over the past few years and lost its competitiveness in freight handling.

Tags: freight trainsIranPakistan
News Desk

News Desk

Next Post
MEZ

7 newly-installed industrial units become operational at MEZ

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • OGRA announce reduction in the price of LPG by Rs49 per kg
  • Govt extends Hajj applications submission deadline
  • What’s behind bitcoin’s latest surge?
  • Honda Atlas extends plant shutdown amid import difficulties
  • Cryptoverse: New bitcoin NFTs on a multi-million roll

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk