• 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 Business

Lahore Metro to add more buses to its fleet

by News Desk
July 19, 2021
in Business, Economy
Reading Time: 1 min read
Lahore Metro
Share on FacebookShare on Twitter

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
News Desk

News Desk

Related Posts

IMF continues its engagement with govt: Porter

IMF continues its engagement with govt: Porter

The International Monetary Fund (IMF) maintains its engagement with Pakistani authorities, focusing on the restoration of proper foreign exchange market...

PIA plane ‘seized’ in Malaysia over non-payment of lease dues

PIA plane ‘seized’ in Malaysia over non-payment of lease dues

A Pakistan International Airlines (PIA) Boeing 777 aircraft was seized at Malaysia's Kuala Lumpur International Airport due to a leasing...

Intra-day update: rupee remains stable against US dollar

Intra-day update: rupee remains stable against US dollar

During the first hours of trading in the interbank market on Tuesday, the Pakistani rupee remained steady against the US...

Govt 'likely to slash' petrol price by Rs10 per litre

Govt ‘likely to slash’ petrol price by Rs10 per litre

The government is likely to decrease the price of petroleum goods in order to bring relief to inflation-weary citizens ahead...

FM Ishaq Dar says around 21% banks become Shariah-compliant

FM Ishaq Dar says around 21% banks become Shariah-compliant

According to Finance Minister Ishaq Dar, over 21% of Pakistani banks have been aligned with Islamic regulations as a result...

Pakistan likely to reduce duty on mobile phones in budget 2023-24

Pakistan likely to reduce duty on mobile phones in budget 2023-24

In line with the proposals given by the Pakistan Mobile Phone Traders, the federal government is anticipated to lower the...

Next Post
Delta Variant

Punjab Issues New SOPs to Tackle Delta Variant During Eid Holidays

Please login to join discussion

Recent Posts

  • China launches Shenzhou-16 mission to Chinese space station
  • Here’s How Bilawal and Bakhtawar was able to Watch ” Ainak Wala Jin” Before it’s Aired on Television
  • PM Sharif hopes Turkiye plays effective role in peace in Islamic world under Erdogan
  • IMF continues its engagement with govt: Porter
  • Pakistan won 14 Gold medals in Asian bodybuilding championship

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