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Home Business

Pakistan Railways seeks profits through land leases, partnerships

by Web Desk
May 11, 2022
in Business, Economy, Finance, Main
Reading Time: 1 min read
0
Pakistan Railways seeks profits through land leases, partnerships
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The Pakistan Railways has leased out over 4,603 acres of its land during the last three-and-a-half years to transform the department into a profitable entity by generating more revenue.

“The leased-out land was located in seven divisions including Lahore, Karachi, Peshawar, Quetta, Rawalpindi, Multan and Sukkur,” an official in the Ministry of Railways told APP.

He also divulged details of a plan aimed at exploiting 25 mega sites of Pakistan Railways commercially under the public-private partnership (PPP) mode.

An expression of interest to hire the consultant for the purpose was already given in the national and local newspapers of the country, he said.

Tags: latestPakistan Railways

Web Desk

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