Railways Lease 4,694 acres land to generate revenue

During the previous four years, Pakistan Railways leased out up to 4,694 acres of its priceless land in an effort to increase revenue and turn the department into a lucrative one.
The leased-out area is spread throughout seven divisions, including Lahore, Karachi, Peshawar, Quetta, Rawalpindi, Multan, and Sukkur, according to a spokesman for the Ministry of Railways.
He said that the government is taking various actions to reclaim encroached land from land speculators, including conducting a thorough survey to identify the encroached land occupied by people and government agencies.
He said that with the aid of the Railway Police and district administrations, Pakistan Railways will step up its existing anti-encroachment operation against land squatters throughout the nation.
Related stories
BusinessAurangzeb Reaffirms Stability, Meets Banks and UNDP Chief
BusinessPakistan to Chair World Bank, IMF Boards in 2027
BusinessOil Shipping Costs Soar, Adding to Global Prices
BusinessAurangzeb Discusses M6 Motorway Financing With OPEC Fund
BusinessPakistan, World Bank Agree to Deepen Cooperation
Business